Alabama Telco Credit Union
 

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Credit Life Insurance

Death is not something we want to think about, but preparing and taking care of our loved ones is. That’s why we offer Credit Life Insurance on all of our vehicle loans, secured loans and our Express Home Equity Loan.

Credit Life Insurance is good for the length of your loan and has a maximum limit of $50,000. This is how it works:

  • Your insured loan balance is paid up to coverage maximum in the event of your covered death, knowledge that can help bring you peace of mind.
  • Joint borrowers are eligible for coverage even if the primary borrower doesn’t get coverage. This relieves financial worry for all insured borrowers.

Ask about Credit Life Insurance when you apply for your next Alabama Telco loan.

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