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Credit PROTECTION

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In today's world, most of us carry debt, sometimes a lot when you factor in mortgages, loans and lines of credit. 

Creditor insurance ensures unexpected emergencies don’t impact your ability to make your payments.

 
 

What type of creditor insurance do you need?

​MORTGAGE INSURANCE

This is a relatively low-cost life and disability insurance policy. It’s purchased when you set up your mortgage, and the premiums are added to your monthly payment.

  • Mortgage life insurance helps pay off your mortgage if anything happen to you or your spouse ($500,000 maximum)

  • Mortgage disability or illness insurance covers your monthly payments ($3,000 maximum) for up to two years

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LOAN & LINE OF CREDIT INSURANCE

Loan and line of credit insurance is very similar to mortgage insurance in that it provides coverage for life and disability. It’s purchased at the time you take out your loan and the premiums can be added to your regular loan payment.

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​READY TO GET SET UP?

Get in touch! We’ll be happy to answer any questions and help you decide which insurance solution suits your  needs.

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​​PLAN FOR A SECURE FUTURE

Whatever your goal, proper planning will get you there faster. From investments to insurance, our subsidiary, Growth Financial, will help you plan for an even brighter future.

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We've got you covered with a full suite of solutions to protect you, your loved ones and your belongings.

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Building and operating a business takes time and hard work. Don’t forget to protect it against the unexpected too.

 

​Have a question?

Connect with a member of our team by phone, in-person or online. The choice is yours. 

 
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250.428.5351 

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support@cdcu.com