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Payment Protection

If you’re like most ALEC members, you analyze your financial situation before borrowing money. You want assurance and confidence that your income can cover monthly loan payments.

Unfortunately, death or disabling illness or injury can shatter the best laid plans. Income disappears or drops. Priorities Change. New obligations surface. Yet loan obligations continue.

We hope that your ALEC loan never burdens a member of your family. For that reason, we offer borrower's MEMBER’S CHOICETM term life and disability coverages from CUNA Mutual Insurance Society…insurance designed to make loan payments when you can’t.

Payment protection on your loan is a smart way to safeguard your family, preserve your collateral, and protect your credit rate for just pennies a day.

Contact an ALEC representative for details

 


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