PERSONAL LOAN

It's important to protect your lifestyle and your credit rating—you want to be sure your loan payments are covered in the event of critical illness, disability or death.

Loan life insurance

• Pays the outstanding insured balance of your loan(s), up to $75,000, should you die
• Benefits are paid directly to Valley First, ensuring there are no tax implications for your family
• Available to anyone (up to age 70), regardless of the type of employment
• No health questions asked and no medical examination is required
• Covers short and long-term loans of up to 10 years
• Protects other insurance policies (private and employee benefits) to provide income for your family

Loan disability insurance

• Covers up to $1,000 a month in regular insured loan payments if you become sick or injured and are unable to earn an income
• Benefits are paid directly to Valley First, ensuring there are no tax implications for you or your family
• Premiums are included in your monthly payments for your convenience
• Available to anyone regardless of the type of employment
• No health questions asked and no medical examination is required
• Covers short and long-term loans of up to 10 years
• Protects other insurance policies (private and employee benefits) to provide income for your family

Loan Critical illness

If you are diagnosed with life-threatening cancer, or suffer a heart attack or stroke, mortgage critical illness insurance will pay off your mortgage balance in full.

• Pays the outstanding insured balanced of your loan(s), up to $90,000
• Available for purchase between the ages of 18 and 59. (Coverage ends at age 75.) Joint coverage is available at reduced costs.

Payment protection coverage is optional and is underwritten and provided by CUMIS Life Insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements.

PERSONAL LINE OF CREDIT

All line of credit protection insurance is paid monthly and is based on the balance owing on your line(s) of credit at the end of each month.

Line of credit life insurance

• Pays the outstanding insured balance of your line(s) of credit, up to $1,000,000, should you die
• Benefits are paid directly to Valley First, ensuring there are no tax implications for your family
• Available to anyone (up to age 65), regardless of the type of employment
• Protects other insurance policies (private and employee benefits) to provide income for your family

Line of credit disability insurance

• Covers up to $3,000 a month in regular insured line of credit payments if you become sick or injured and are unable to earn an income
• Benefits are paid directly to Valley First, ensuring there are no tax implications for you or your family
• Available to anyone regardless of the type of employment
• Protects other insurance policies (private and employee benefits) to provide income for your family

Line of credit critical illness

• If you are diagnosed with life-threatening cancer, or suffer a heart attack or stroke, critical illness insurance will pay off your line(s) of credit balance in full.
• Available for purchase between the ages of 18 and 59. (Coverage ends at age 75.) Joint coverage is available at reduced costs.

Payment protection coverage is optional and is underwritten and provided by CUMIS Life Insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements.