Credit Life Insurance

Salem Seaport Credit Union offers a protection plan that pays off a member’s loans, up to the policy maximum, if that member passes away. It’s simple and easy to enroll, and is offered at competitive group rates.

  • A protection plan that pays off members' loans, up to the policy maximum, if they die before the loan is paid off.
  • Benefits are payable to the credit union when the member dies. The benefit will equal the insured balance of the member's loan up to the maximum insurable amount.
  • It's simple and convenient to enroll, and is offered at competitive group rates. Premium can be added to the loan balance.
For additional information, contact us at 978.744.1153 or email us at info@seaportcu.org.