Payment protection

Unforeseen events can affect your income and make it difficult to meet life's financial demands. In the event of a death or disability, the last thing anyone should be worrying about is how to pay the mortgage.

Servus Credit Union, through our insurance partner CUMIS, gives you access to loan, authorized overdraft and mortgage insurance to help protect you and your family from financial loss.

Credit insurance will cover payments or the outstanding balance of your debt, depending on the coverage you choose. Premiums are calculated on payment amounts or balance owed.

Your certificate of insurance will have full coverage details, including any exclusions, restrictions and limitations.

Talk to your Servus Credit Union Financial Advisor about protecting your investment.

*The CUMIS Creditor Insurance Program is underwritten by CUMIS Life Insurance Company. CUMIS’ principal companies are CUMIS Life Insurance Company and CUMIS General Insurance Company. CUMIS also has a 50 per cent interest in Credential Financial Inc. CUMIS is jointly owned by Co-operators Life Insurance Company and Central 1 Credit Union.

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