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Credit Life and Credit Disability
It's not something we like to think about, but what would you or your family do in the event of a death or disability? If something should happen to you, your loan obligations could potentially place a burden on your family. To protect your assets and your family's financial well being, consider Credit Life and Credit Disability insurance.
Credit Life insurance pays off your loan in the event of your death. It reduces financial burdens and protects your family. Credit Disability insurance makes payments to help reduce or pay off your loan if you become disabled. It protects income, collateral and credit rating. But most of all, both of these products provide peace of mind.
At RiverFall, we offer both Credit Life and Credit Disability insurance coverage.
Insurance coverage is available for any eligible new loan and for existing loans (some restrictions apply) for as little as pennies a day. Premiums are calculated into your monthly loan payment for your convenience. Credit Life and Credit Disability insurance give you a convenient, affordable way to keep your loan repayment obligations when certain unforeseen circumstances arise.
If you would like more information about Credit Life and Credit Disability insurance, please contact a loan officer today.