Loan

Do you have family responsibilities and dependants who rely on your income? Is your total debt load more than 25% of your income? Meeting your loan payments without your income can cause financial stress for your whole family. Additional medical, childcare, or housekeeping costs can be an extra burden if your income is reduced due to accident or illness. Protect your savings with loan insurance.

Credit life, disability, critical illness and Loss of Employment Insurance can protect you and your family from the unexpected.

Benefits:

  • Available for all joint parties and guarantors or co-signers
  • Premiums can be added to borrowed amount
  • Protects credit rating and security
  • Flexible choice of single or joint coverage
  • Convenient with benefits paid directly to Coastal Financial Credit Union on members' behalf

The features of the Credit Life, Disability, Critical Illness, and Loss of Employment Insurance are subject to changeand pre-existing condition clauses may apply. ALWAYS consult with your Credit Union professional to discuss these options.

 

 

 

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