Credit Life & Disability Insurance

As a member of WRCU, we can offer you optional insurance on your loan.

What happens to your loan payment if you get sick or injured and become unable to work? With Credit Disability Insurance from WRCU we have you covered. If you should die unexpectedly would your loved ones be able to pay off your loan? With Credit Life Insurance we have you covered there too.*

You can get this low-cost insurance in addition to any other insurance that you may have, and the premium will be included with your monthly loan payment; there is no separate bill. It's just a simple step to add this insurance to your loan when you sign your loan papers, and you can rest easy that your loan will be taken care of should something happen to you.*

There is no obligation to take this insurance, and it does not affect your qualifications or interest rate for a loan. It's just a great way to have some peace of mind.

If you would like more information or would like to apply for any of the insurance coverage listed here, please contact us by phone or email. (Please do not send any sensitive information via email.)

Credit Life Insurance

This optional member-pay insurance is designed to cover your outstanding loan balance if you should die, up to the policy maximums. Each consumer loan you have at the WRCU can be insured up to a maximum of $40,000. It helps remove the added burden your family could face if anything should happen to you as the primary borrower on a loan. This insurance is also available for the co-borrower for a minimal additional cost. We roll the cost of the monthly insurance premium into your monthly loan payment.

Credit Disability Insurance

This optional member-pay insurance for eligible loans is designed to help pay your monthly loan payments to a maximum of $750 per month and a total maximum of $40,000 should the primary borrower become totally disabled. 

We roll the cost of the monthly insurance premium into your monthly loan payment. This insurance protection will help provide you and your family peace of mind.

* Up to your policy maximums; per terms and conditions on your credit insurance certificate. Full details and disclosures can be found in the Loanliner Credit Agreement.

We can also offer you Home, Auto, Accident, and Life Insurance as a stand alone product.

These coverages are different than the National Credit Union Administration  insurance on your deposits up to $250,000.

CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Your purchase of MEMBER’S CHOICE® 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.
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