Payment Protection for Loans

Designed for personal, fixed-term loans; the premium is paid once, at the time the loan is approved and is based on the loan amount. 

Whether you suffer an accident or sickness and cannot work or are diagnosed with a critical illness or pass away, CUMIS Insurance will make sure your loan is secured.

Life

CUMIS Insurance pays the outstanding insured balance of your loan to a maximum of $90,000* for loans with a maximum term of 120 months* up to age 70. 

* Contract limits vary by credit union. talk to your credit union representative for more information.

Disability

CUMIS Insurance will pay your insured monthly payment to a maximum of $1,500* for loans with a maximum term of 120 months* up to age 65. 

* Contract limits vary by credit union. Talk to your credit union representative for more information.

Critical Illness

CUMIS Insurance will pay your insured loan, up to $90,000 if you are diagnosed with a critical illness. You may apply for coverage through age 55 with a maximum term of 120 months and coverage ends when you turn 65.

Products may vary by credit union, talk to your credit union representative to learn more or Contact Us if you are not sure if your credit union provides this coverage.

Please click here for claims forms you can download and print.