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Why would Credit Life and Disability Insurance be beneficial to you and your family?
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- Your family inherits an asset instead of a liabilty.
- Protects the investments and savings of the family.
- Benefit is paid directly to you and does not go into probate at time of death.
- Unearned interest is paid as a cash settlement.
- Protects credit of non-working spouse, if signed on contract.
- Premiums are set by the state not by the insurance company.
- Everyone pays the same rate regardless of age, health or occupation.
- Protects family use of transportation.
- Pays in addition to other life insurance policies.
- No physical is required.
- Only purchasing the amount of insurance you need for this debt obligation.
- Benefits are not taxable.
- Included in your monthly payment, the lender forwards you the money because they feel so strongly about it.
- Doesn't require you to be injured on the job.
- Doesn't interfere with death or disability benefits provided by your employer.
- Secures your second largest monthly obligation.
- Covers you in both sickness and disability.
- No limit on number of disability claims.
- Pays the vehicle off if you are deemed totally disabled.
- Coverage begins immediately.
- Helps maintain your level of income.
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