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MEMBER'S CHOICE® Credit Life Insurance gives you a way to help cover your loved ones from the unexpected. It reduces or pays off your outstanding loan balance, up to the policy maximum, if you were to die before paying off the loan.

MEMBER'S CHOICE Credit Life Insurance is convenient, economical and the cost for coverage is included in your regular payments. It offers these advantages:

  • Reduces or pays off your covered loan balance, up to the policy maximum.
  • Helps protect credit rating.
  • Requires no complicated enrollment forms or physical exam.
  • Offers the convenience of including premium in your loan payment.
  • Helps cover collateral against repossession.
Many people believe life insurance is their family's financial safety-net if a "breadwinner" dies. Take this quiz to help determine whether life insurance is enough for your family. Then ask your loan officer about covering your next loan.

Your purchase of 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 Policy Agreement for a full explanation of the terms.


Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free (800) 369-2862. Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. CBSI is under contract with the financial institution, through the financial services program, to make securities available to members. CUNA Brokerage Services, Inc., is a registered broker/dealer in all fifty states of the United States of America. The Representative may also be a credit union employee that accepts deposits on behalf of the financial institution.

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©CUNA Mutual Group 2014

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