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 substantially 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 will be paid for you until you’re able to get back on your feet. (Some restrictions apply.)
Credit Life Insurance will pay off the entire loan balance in the event of death.
Costs for these protection services are very affordable, and will vary based on the amount of your loan and the types of coverage you select.