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Credit Insurance

Plan ahead for the unexpected and inevitable. 

Life is a wonderful gift; but it comes with few guarantees. As the average American household continues to build debt annually, how can we best protect our loved ones should we no longer be able to make payments? Consider Credit Life Insurance and Credit Disability Insurance today to ensure that you, and those you care for, will rest easier tomorrow.

Your family depends on your protection — make sure they get it with this wise investment.

Credit Life Insurance 

Read the Credit Life Insurance brochure and watch this video to learn more!

Simply put, Credit Life Insurance is a type of loan insurance designed to pay-off a borrower’s debt should they become deceased. It’s a smart management solution to a very real risk.

Credit Disability Insurance 

Read the Credit Disability Insurance brochure and watch this video to learn more!

Basically, Credit Disability Insurance ensures that if a borrower becomes disabled and is no longer able to make payments, the policy would pay-off specified debt. It’s a wise, often-overlooked method of protection.

Applying is easy and requires no obligation. Talk to a MFCU loan officer to learn more and get started ASAP. 

Note that terms and conditions of insurance policies can vary greatly. Be sure you understand your options to make the best decisions for you and your loved ones. Don’t worry — we’ll be right here to help when you’re ready.

Credit Life and Disability insurance is offered through a partnership with CUNA Mutual. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Your purchase of MEMBER’S CHOICE® Credit Life Insurance and Credit Disability Insurance, underwritten by CMFG Life Insurance Company, are 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 Group Policy for a full explanation of the terms.

CA Only: Maroon Financial Credit Union does not offer Credit Life or Credit Disability insurance to borrowers residing in California.

VT Only: Claims may be filed by contacting Maroon Financial. If you have questions regarding your claim status, contact CMFG Life at 800.621.6323. Only a licensed insurance agent may provide consultation on your insurance needs.


Serving the University of Chicago community since 1957