Firestone Community FCU offers credit life and credit disability insurance through Cuna Mutual Group that can protect your family in the event of your death or in case a disability occurs. Premiums for this protection are figured into your monthly loan payment.
What are the different types of Credit Insurance?

• Credit Life - Pays off or reduces the eligible loan balance in the event of member’s death
• Credit Disability - Makes loan payment(s) up to policy maximum in the event of total disability caused by covered injury or illness
• Single Credit Disability - Covers loan payments if a primary income earner, who is a borrower on a loan, becomes totally disabled

How does it help you?
With Credit Insurance, if the unexpected was to occur, you would be able to:

• Keep paying bills - If income is lost or reduced during times of financial hardship, payments for covered assets are made, freeing up income to pay other household bills
• Save financed assets - A family’s standard of living is preserved, their savings account isn’t depleted, and their financed assets are saved
• Maintain their credit rating - Your credit rating is protected by ensuring loan payments are made on financed assets—the ability to get future credit is not compromised