Loan Protection Products

Feel more secure when you borrow.

Speak to an Island Loan Officer about these Protection Options that can help protect your family if the unforeseen happens.

For All Loans Except Line of Credit…

Credit Insurance

Credit Life and Credit Disability Insurance may help reduce or pay off your covered loan, up to the policy maximum, in the event of an unexpected life event, accident or illness. You decide which payments you want to protect and the monthly premium may be added to your loan.

Your purchase of MEMBER’S CHOICE® Credit Life and Credit Disability Insurance, underwritten by CMFG Life Insurance Company is 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. CDCL-1378957.1-1215-0118


MEMBER’S CHOICE® Guaranteed Asset Protection (GAP) is an optional protection product made available by the credit union. In the event of a total loss, GAP is designed to cancel the difference between your primary insurance settlement and the outstanding loan balance, up to the contract maximums. For more information, call or visit the credit union.