Credit Payment Protection: Credit Life
Don't let your heirs inherit your loan obligations. Credit life insurance pays off the outstanding loan balance to Campus Federal should you die during the term of the loan. Single coverage insures the primary borrower; joint coverage insures the primary borrower & co-borrower.
- Maximum Age: 70
- Maximum Amount: $50,000
- Maximum Term: 180 months
- Rates: Single: $0.60/$1,000 of outstanding balance
- Joint: $0.96/$1,000 of outstanding balance
When you begin the financing aspects of your loan, be sure to mention Payment Protection Option to your loan officer.
• are not a deposit
• are not NCUA insured
• are not insured by any Federal Government Agency
• are not guaranteed by the Savings Association
• may go down in value