- The Basics
Sign up for MEMBER'S CHOICE term disability insurance from CUNA Mutual Insurance Society when you take out your next loan at Magnify Credit Union. Premiums for the coverage you select are reasonable. In fact, when you compare the cost of term disability insurance with the benefits offered, you'll find the coverage well worth it.
Disability insurance can:
- Reduce your family burden and protect your family
- Protect your income, your collateral and your credit rating
- Provide coverage at home and at work
- Provide peace of mind
- Should you become totally and continuously disabled by a covered sickness or accident, which persists beyond the policy waiting period, your covered loan payments are protected with disability insurance.
How Much Does It Cost?
Coverage costs just pennies a day. Premiums can be added to your monthly loan payments for your convenience.
It's Easy to Qualify...
- You must not have reached the maximum eligible age on the date of your loan
- You must be actively at work and regularly performing all of the duties of a full-time, gainful occupation
- Only one member may be insured for any one loan