Corning Credit Union

Credit Life & Disability Insurance

Payment Protection

Remove the burden and obligation of unpaid loans from your family or survivors. Payment Protection can help financially shelter you and your family.

Plan for the Unexpected

During good times it can be hard to think about things going wrong. Don’t get caught uninsured. Payment Protection helps protect you and your loved ones from the unexpected and the unplanned.

Corning Credit Union offers two types of Payment Protection for your loans - Credit Life and Credit Disability Insurance.

Credit Life Insurance*:

  • Designed to pay off the insured balance of your loan if you die during the term of the loan.
  • Can be purchased for most new and refinanced loans.
  • Coverage is written directly into your monthly payment.

Credit Disability Insurance*:

  • Designed to pay your loan payments (up to the insurance contract limit).
  • You’re protected should you become disabled due to a covered accident or illness and are unable to work at any time during the term of your loan.
  • Can be purchased for most new and refinanced loans.
  • Coverage is written directly into your monthly payment.

For insurance rate information, Contact Us to speak with a CCU Lending Representative.

*Excludes Business and Mortgage Loans.