Credit Insurance

A loan or mortgage represents a major financial commitment. Unfortunately, an accident or illness can compromise your ability to meet your payments.

Mortgage, Line of Credit and Loan Credit Life Insurance shelters your family from payments and debt load should you lose your life. Disability insurance lets you rest easy knowing your credit rating is protected and your payments are covered during the time that a medical condition prevents you from working.

At Alterna we encourage every member to elect credit insurance on their loans to protect their homes, and their loved ones. A variety of credit insurance options are available. Speak to your Alterna Bank lending representative for details.

Credit Insurance is provided by CUMIS, a provider of insurance services to credit union members since 1937.

*Terms and conditions apply to all policies.