Loan Insurance

Are you protected against the unexpected? Public Service Credit Union offers optional insurance on your loans to help protect you and your family. Your insurance can be financed into your loan so you may not have to pay any out of pocket expenses.

Credit life insurance may pay off your loan in full in the event of an untimely death. This insurance may protect your family from having to pay your debt after you’ve passed.
Credit disability insurance may make your loan payments if you become totally disabled and cannot work for two weeks or more. If you are disabled, credit disability insurance may cover your payments until you can return to work.

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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