Credit Insurance

Credit insurance can help ease financial concerns for you and your family if the unexpected occurs.

If you were to die or become disabled, how long would you and your family be able to pay your bills?

  • More than one-third (35%) of all households would experience adverse financial effects within a month if a primary way wage earner died.
  • One in four 20-year-olds can expect to miss a year of work due to a disability before retirement.

Safeguard your family

Credit insurance helps meet the gap between the coverage you need and any life or disability insurance you may have.

Credit life insurance

Designed to reduce or pay off the insured balance of your loan if you die.

Credit disability insurance

Designed to pay your loan payments (up to the contract limit) if you become disabled due to illness or injury and are unable to work.

How you could benefit

  • Protection — Helps reduce the financial burden on your family in the event of your disability or death.
  • Convenience — Done at the time of loan application.

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credit insurance