Credit Disability and Credit Life Insurance

What is MEMBER’S CHOICE Credit Disability and Credit Life Insurance?
It’s a way to help cover you and your family. There’s no way anyone can prepare for an injury, medical-related illness or an unexpected death, but you can take steps along the way to make sure your family is provided for if the unforeseen were to happen. MEMBER’S CHOICE Credit Disability and Credit Life Insurance helps pay your loan so you or your loved ones don’t have to.

How does it work?
The premium is included in your monthly payment. If you have a balance on your loan and are totally disabled due to injury, become ill, or in the event of an unexpected death, MEMBER’S CHOICE Credit Disability and Credit Life Insurance, can help. By taking a few simple steps while signing your loan paperwork, you’re helping take responsibility for your family’s financial future. Your loan officer can show you how. You won’t receive extra bills or statements; everything is included in your monthly payment. You can cancel within the first 30 days for a full refund. Or any time after that if you change your mind. If at any point you have questions, or if your family needs to file a claim, simply contact your credit union. Once you complete the loan documents, coverage begins for eligible borrowers.

Why is it valuable?
MEMBER’S CHOICE Credit Disability and Credit Life Insurance works in two different ways. You and your family won’t have to make loan payments if you’re totally disabled due to an injury or medically ill. It will help pay your loan until you’re fully recovered, or in the event of an unexpected death, it will pay off the loan.* Savings, salary, or payoffs from other life insurance may be protected, giving your family financial freedom when they need it most.

Contact a loan officer at for more information.

*For terms of your contract agreement; up to your policy maximum.


Accidental Death and Dismemberment Insurance (AD&D)

Butte Federal Credit Union provides all members with free $2000 AD&D coverage. For pennies a day, you can add additional coverages from $10,000 to $250,000 for yourself and family that protects you against an accidental death or dismemberment. Contact us at to sign up for this great insurance coverage.


Mechanical Breakdown Insurance (MBI)

Car dealers convince more than 50% of car buyers to purchase expensive and limited extended warranty coverage. Before you buy from the dealer, check with your Credit Union about purchasing MBI Insurance at our low, low rates. When your vehicle needs repairs, it’s nice to know that you are covered by a protection plan with a guaranteed low deductible long after the manufacturer’s warranty has expired. Also, you choose the authorized service facility for the repair work. For more information about this automobile protection plan, contact our loan department at .


Guaranteed Auto Protection (GAP)

If your vehicle is totaled or stolen, will your insurance cover the entire loss? Not likely – you need to be prepared to lay out additional cash – unless you have purchased Butte Federal Credit Union’s GAP policy. This GAP policy not only pays the difference between the actual cash value of the total loss and your outstanding loan balance, but it also pays your primary insurance deductible up to $1000. Plus, as an added bonus, you will receive $1000 cash. Contact us at to add this valuable protection to your loan today.


NCUA and the Share Insurance Fund

All member share deposits ae federally insured to at least $250,000 by the National Credit Union Insurance Fund (NCUSIF). In addition, IRA Accounts are insured separately up to $250,000 from other acounts that a member maintains in our Credit Union. This insurance fund is governed by the National Credit Union Administration, a U.S. Government Agency.


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Butte Federal Credit Union
P.O. Box 475
482 B Street
Biggs, CA 95917

Phone: 530-868-5405
Toll Free: 800-328-5405
Fax: 530-868-1254

Debit Card Lost &Stolen
After Hours: 888-241-2510
Collect: 909-941-1398

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