Secure your peace of mind with Credit & Disability Insurance.
We know life can be unpredictable. At PECU, we offer Credit Life & Disability Insurance to help protect your loan payments in case of medical reasons or accident. Explore our flexible options and find the cover that’s right for you.
Credit Life Insurance
- Pays a loan off in full up to $50,000 in the event that the borrower dies prior to age 70.
- Maximum age is 70 years old
- Maximum coverage is up to $50,000
- Maximum loan term is 120 months
- Purchase for primary or joint holder of loan
- Low cost
- No cash outlay as premiums are added to loan
Disability Insurance
- Pays monthly disability payment up to $650 in the event the borrower is disabled prior to age 66.
- Protection in the event you are unable to perform the functions of your occupation, that are caused due to medical reasons or by becoming disabled due to an accident.
- Maximum age is 66
- Maximum loan term is 120 months
- Purchase for primary or joint holder of loan
- No cash outlay as premiums are added to loan