Credit Life & Disability
Unfortunately disability and death are always potential events in our lives. Our loved ones have enough to worry about in either of these situations without having to be concerned with making loan payments.
RateGenius offers low-cost, quality protection for its borrowers in the form of Credit Life and Credit Disability insurance coverage. This coverage is provided at costs substantially lower than you'll find available at other lenders.
This form of insurance must be purchased in conjunction with a consumer credit transaction. It will provide monthly benefit payments to the creditor beneficiary, while the insured is disabled as a result of sickness or injury.