Savannah Postal Credit Union offers its members payment protection Credit Life and Credit Disability Insurance through CMFG Life Insurance Company. Credit life insurance may help reduce or pay the outstanding balance on your loan if you die before the loan is paid off. Credit disability insurance is designed to help you make your loan payments if you are totally disabled due to a covered illness or accident.
Most members are eligible to apply for credit life and credit disability insurance. Coverage is available for single or joint borrowers, at competitive rates, and premiums may be included with your loan payments.
Help protect yourself and your family from the burden that could result if you die or become disabled. Knowing you’re protected may help provide increased confidence in your family’s financial future.
Contact us for details on Payment Protection credit life and credit disability insurance.
Credit insurance 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-1243430.1-0715-0817