Locoga Federal Credit Union offers its members Payment Protection credit life and credit disability insurance through CUNA Mutual Group. Credit life insurance pays the outstanding balance on your loan if you die before the loan is paid off. Credit disability insurance provides funds to help you make your loan payments if you are unable to work because of an illness or accident.
At Locoga Federal Credit Union most members are eligible to apply for credit life and credit disability protection. Credit life coverage is available for single or joint borrowers and credit disability coverage is available for the primary borrower. The protection is offered at affordable rates and premiums are automatically calculated into your loan payments.
Protect yourself and your family from the burden that could result if you die or become disabled. Payment Protection offers the peace of mind that comes from knowing your financial obligations will be met. Contact us for details on Payment Protection credit life and credit disability insurance.