Loan Insurance

Payment Protection Products

TOHEFCU offers a variety of payment protection products. Planning for your future is about making the best choices for you and your family-whether it’s improving your standard of living or protecting your financial future.

Credit Life Insurance

Protecting your credit union loan with credit life insurance may help your family in the event of your unexpected death. If you pass away and your claim is payable, Credit Life may pay off or reduce your eligible loan balance to the policy maximum.

• Coverage starts on your enrollment date
• The premium may be included with your monthly loan payments
• Joint insurance available to protect the borrower and the co-borrower
• May help make life easier for your loved ones

Credit Disability Insurance

Credit Disability Insurance helps make the member’s monthly loan payments if he or she becomes totally disabled for longer than the waiting period, up to coverage maximums.

• Insures against both injury and illness
• The premium may be included with your monthly loan payment
• Joint insurance available to protect the borrower and co-borrower
• Helps protect you from the unexpected