Is there any type of insurance to protect the loan if something happened to me?

Yes. Credit Disability and Credit Life is insurance for your loan. If you got hurt on the job and could not pay the loan, you would be covered under this loan insurance. If you suddenly passed away, your family members would not be required to pay the loan. This protects you, your family, and your credit union from suffering financial losses, because of injury or death.

Posted in: Loan FAQs