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Credit Life & Disability Insurance

Credit Life and Disability Insurance

LGFCU provides Credit Life and Disability Insurance on most secured and unsecured personal loans to protect you and your family in the event of death or disability. Tell your loan officer you want credit insurance protection with your loan.

  • Premiums cost much less than the industry average
  • Charge is assessed to the loan monthly
  • Maximum life coverage is $25,000
  • Maximum disability coverage is $42,000
  • Coverage provided until age 70
  • Disability insurance is only available in conjunction with life insurance
Premium Costs
Single Life
$.06 per $100 of balance
Joint Life
$.08 per $100 of balance
Single Life and Single Disability
$.21 per $100 of balance
Joint Life and Single Disability 
$.23 per $100 of balance



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