When you apply for a loan, you have the option to protect and insure your loan payments. There are two types of payment protection: Credit disability (single only) and credit life (single or join). You may choose both life and disability, only one, or neither.

If you choose not to purchase the payment protection, the borrower(s) are responsible for paying the loan even in the event of disability.  Or your estate may be responsible in the event of your death.

The Credit Union National (CUNA) Accidental Death and Dismemberment and Life Insurance offer by TruStage protect your family’s financial security against accidental death or dismemberment.

Credit Disability

When you purchase credit disability payment protection for a loan, if you are unable to work due to a CUNA approved disability, the loan payments are made by CUNA Mutual Group during the period of disability.

Credit Life

When you purchase credit life payment protection for a loan, if you should die during the term of the loan the loan balance on the date of death is paid by CUNA Mutual Group.

Payment protection is available for a trial period of 30 days. If you decide that it’s not for you, you can opt out with no questions asked during this period at no cost to you.