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Credit Disability Insurance through CUNA Mutual covers the monthly loan payment (up to $850) in the event the borrower is unable to work due to disability/illness. There is a 14 day waiting period to file a claim. However, an approved claim will pay retroactive back to the first day off work. Many members are thankful to have such coverage during an unexpected gall bladder surgery to a bout with breast cancer to a serious vehicle accident. Borrower must work a minimum of 25 hours a week and be under the age of 65 to qualify for credit disability insurance. Help supplement your employer paid disability insurance by covering your CHECU loans with credit disability insurance.
If you have credit disability insurance and need to file a claim, please click here to download a CHECU Disability Claim Form.
To check on an outstanding claim, please call CUNA Mutual at 800-621-6323 or a CHECU team member at 717-709-1920. If you need to forward additional forms/information to CUNA Mutual, their fax number is 608-218-1998. |