If you die or become totally and continuously disabled by a covered sickness or accident, Credit Life or Credit Disability can make payments to A-K Valley Federal Credit Union to reduce or pay off your loan.

Credit Life - In the event of your death, Credit Life Insurance pays the insured balance of your loan, up to the policy maximum, helping ensure that your family won't be left with a loan obligation.

Credit Disability - If you become totally and continuously disabled by a covered sickness or accident which persists beyond the policy waiting period, your loan and payment record will be protected. Credit Disability Insurance will make payments, up to the policy maximum, during your period of disability. Disability benefits are payable for the duration stated in your credit union's contract.

In order to qualify for Credit Life Insurance, you must not have reached the maximum eligible age on the date of your loan.

To qualify for Credit Disability Insurance:

1. You must be actively at work and regularly performing all the usual duties of a full-time, gainful occupation.
2. You must not have reached the maximum eligible age on the date of your loan.

*Account must be current and in good standing.