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The following loan protection plans can be added at the time of funding your loan and conveniently added to your monthly payments.
| Insurance | Details | Available with |
|---|---|---|
| Credit Life Insurance | Single Life and Joint Life will pay off your PICU loan balance in the event of the borrower’s death (or co-borrower’s for Joint Life). Maximum $30,000 coverage. | Vehicle Loans Personal Loans MasterCard® Home Equity Loans |
| Credit Disability Insurance | Single Disability will take over your monthly PICU loan payments in the event that a borrower becomes disabled due to illness or accident. Coverage available only for primary borrower. Maximum $30,000 coverage. |
Vehicle Loans Personal Loans MasterCard® Home Equity Loans |
| Guaranteed Asset Protection (GAP) | Covers the gap between a car’s cash value and the outstanding loan balance if it’s involved in a total loss claim. | Vehicle Loans |
Enrollment in these insurance programs is optional and not required to obtain a loan. For additional information on benefits, eligibility, conditions and exclusions, please call a Printing Industries Credit Union Representative at 951.781.0981 or 323.728.1866.