Insurance Products

| membership | deposits | packages | investments | nisa | loans | cards | electronic | other |
       
Credit Life Insurance
Insurance to reduce or pay your loan balance in the event of an untimely death.  This insurance is underwritten by Credit Union Member Insurance Services (CUMIS).  The insurance must be applied for within 60 days of the loan date. Single or joint coverage is available and premiums can be paid up front or added to the insured loan.  Some exceptions apply, contact an account manager for more information.
   
Credit Disability Insurance
Insurance to make a borrower's loan payments in the event they become totally disabled because of accident or illness.  This insurance is underwritten by Credit Union Member Insurance Services (CUMIS).  The insurance must be applied for within 60 days of the loan date.  Single or joint coverage is available and premiums can be paid for up front or added to the insured loan.  Some exceptions apply, contact an account manager for more information.
    
Member Term Life Insurance
MTL offers protection to offset debt in the event of an untimely death.  Term coverage is not tied specifically to a loan, but provides immediate coverage up to $99,999.  Higher coverage up to half a million is also available upon approval. This insurance is underwritten by Credit Union Member Insurance Services (CUMIS).  Some exceptions apply, contact an account manager for more information.
    
Group Mortgage Protection Insurance
A decreasing term life insurance program designed for member coverage on loans with terms in excess of 60 months to a maximum of 35 years.  GMP is tied directly to the loan balance and terminates when the loan is paid out or at age 80.  Joint coverage is available to the first insured to die.  Immediate coverage up to $250,000, providing all health questions are satisfied. This insurance is underwritten by Credit Union Member Insurance Services (CUMIS).  Some exceptions apply, contact an account manager for more information.
    
Line of Credit Insurance
An insurance program designed to reduce or pay out a line of credit balance in the event of death.  Maximum benefit is $60,000, immediate coverage with no health questions asked.  Joint coverage is available. This insurance is underwritten by Credit Union Member Insurance Services (CUMIS).  Some exceptions apply, contact an account manager for more information.


[ Home Page ] [ Site Map ] [ Legal & Privacy ]

Do you have the correct Heartland Credit Union?  You are at Heartland Credit Union in the Province of Saskatchewan, Canada, at www.heartland-cu.com, other Heartland Credit Unions we know of are:
Heartland Credit Union, Winkler, MB, CA at www.hcu.mb.ca 
Heartland Community Credit Union, Clinton, ON, CA at www.heartlandcommunitycu.on.ca
Heartland Credit Union, Minnesota, USA at www.heartlandcu.com
Heartland Credit Union, Wisconsin, USA at www.heartlandcu.org

Copyright ©2000-2002 Heartland Credit Union.  All rights reserved.
Trademark information.

Please use our feedback form to submit your comments.

Revised: May 02, 2001.
Heartland Credit Union Articles catalogue

1999  2000  2001  2002  2003  2004  2005  2007