MEMBER'S CHOICE^TM Loan Protection insurance provides members with the assurance that their outstanding loans would be paid if they were to die.  As part of the credit union philosophy, this protection has always been provided to CSE FCU members at no direct charge.

The credit union provides members with death insurance - credit life - covering most consumer loans up to the policy limits of $20,000 per member.  This is provided at no cost to the borrower.

Member features and benefits:

• Life payment protection at no direct cost to member.
• Saves member hundreds of dollars over cost of purchasing member-pay insurance.
• Available to all borrowing members regardless of health, subject to age restriction and a short pre-existing condition limitation on non-working members.
• Peace of mind for borrowers and/or survivors.
• Helps member's family at a time of emotional and financial stress.
• Coverage recognized as solid value by consumers and consumer groups.
• No act of war exclusion provides important security to members in uncertain times.
• Safest way to borrow.

There's no need for insurance application, physical examination, and no inconvenient paperwork.  Enrollment is automatic.

Are there any restrictions for this insurance?

Yes.  Please call the credit union today for a brochure.

How is a death claim filed?

The credit union will need a copy of the death certificate as proof of claim.  The claim will then be filed by the credit union.

Next time you are visiting one of our CSE offices, ask for more information.