First Service provides borrowing members with specific types of protection for specific debts through Minnesota Life*. Life Payment Protection can reduce or pay off your loan in the event of death. Disability Payment Protection can help keep the loan payments current when a covered disability prevents you from earning your usual wages.

The benefits of credit insurance go beyond these simple facts to include:

• Helps remove the financial burden and obligation from family members of having to pay off the loan if you die or become disabled.
• Helps you avoid the loss of collateral secured by the loan.
• Protects the credit standing of you and your family.
• Preserves the financial resources for your family, keeping more money available for paying extra expenses associated with your death or disability.
• Provides funds to meet other financial obligations.
• Removes one more worry or concern from your family during a time of emotional stress and anxiety.
• Is available to people who otherwise might not be eligible for individual life or health insurance.
• Is part of a sound financial plan

* This is only a brief outline of the benefits of credit insurance. For complete details, please see the insurance contracts in force at First Service Credit Union, which are controlling in all instances.