Two income families have become the “New Normal”. If your family fits in this group, could you make ends meet if one income were lost or reduced due to death or disability?
Credit life and credit disability insurance from Riverset and CUNA Mutual can help ease unforeseen financial burdens. Credit Life insurance can reduce or pay off your credit union loan if you die. And Credit Disability insurance can make your monthly loan payments while you're unable to work during a covered disability.
If you're thinking about taking out a loan, take a minute to learn about Credit Life insurance.
Credit Life insurance reduces or pays off the balance of an insured credit union loan if you were to die. The coverage spares your family from the additional financial obligation of repaying a loan. Since credit life insurance covers a specific loan, the benefits from other life insurance plans can be used for your family's day-to-day living expenses or providing for future needs, such as a child's college education.
Credit life insurance from Riverset and CUNA Mutual costs just pennies a day and can be placed on almost any of our loans.
Most Riverset members plan and budget carefully - for food, shelter, utilities and clothes. Monthly loan payments for a house, car or a special vacation are also part of the plan.
Unfortunately when a credit union member becomes disabled due to injury or illness the income stops. But the bills - including monthly loan payments - keep coming. And that situation can be a financial hardship.
Will a disability strike you and your family? Nobody can predict that. Credit disability insurance from Riverset can help ease the strain of financial hardship.
Our credit disability insurance makes your loan payments for as long as you are unable to work due to a covered disability. The cost is reasonable, and it could be a great help at a critical time. The premium is built into your loan payment so there are no extra checks to write.
For more information about financial protection that credit insurance from CUNA Mutual and Riverset Credit Union can offer you and your family, email us at memberservices@riverset.com or call us at 412.488.2525.
Not a member of Riverset? Enroll Today
If you're in the market for a new or used vehicle, Riverset has got you covered! Learn how we can help.
We always want to know how we can serve you better. If you've recently done business with us, take a short survey here.
Contact us if there is an event where we can be of help - marketing@riverset.com.