Credit Disability Insurance will make your monthly loan payments if you become disabled through sickness or accident.

Highlights 

• Maximum monthly benefit - $1,500 
• Maximum term – 120 months 
• Maximum total benefit - $120,000 
• 30 days non retroactive qualification period 
• Maximum issue age – 59 with coverage available up to age 65

Benefits 

• Insurance payments are not taxed 
• Payments are made regardless of other disability plans 
• Premiums are financed so there is a lower up-front cost 
• Joint coverage available

Eligibility 

• You must be working at least 20 hours per week, on the date of the loan. 
• Seasonal employees, vacationers, co-makers, co-borrowers and guarantors qualify.

Exclusions 

• Currently disabled. 
• Pre-existing condition, six months before to six months after the date of loan. 
• Childbirth, abortion or miscarriage. 
• Commission of a criminal offence.

Definition of Disability
From the 2nd to the 12th month of disability, you must be disabled from your own occupation. After the 12th month, you must be disabled from any occupation that you are reasonably qualified for based on education, training and experience.

For more information about your policy, claims or service, contact the CUIS Policyholder Inquiry Centre at 1.800.263.9120 or visit the CUIS website at www.cuis.com.