Credit Life and Disability
If you’re like most people, you work hard to protect yourself and your family. And safeguarding your financial affairs is no different. That’s why St. Louis Community provides Credit Life Insurance and Credit Disability Insurance options that can help if you find yourself in a time of need.
On any consumer loan you finance with the credit union, you can opt for Credit Disability Insurance that is designed to protect you in the event you become injured or cannot work. Your monthly loan payments may be covered up to the policy maximum until you're able to get back on your feet (Some restrictions apply).
Credit Life Insurance may pay the loan balance up to the policy maximum in the event of death.
Cost for this protection is designed to be affordable, and will vary based on the amount of your loan and the types of coverage you select.
Your purchase of MEMBER'S CHOICE(R) Credit Life and Credit Disability Insurance, underwritten by CMFG Life Insurance Company is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Group Policy for a full explanation of the terms.
CDCL, ADI, AUT, GEN-2542840.1-0519-0621