Member’s Choice® Credit Life Insurance and Disability Insurance
NextStep makes it easy to ensure your family is provided for if the unexpected occurs.
When you take out a NextStep loan you may be offered the option to insure your loan against death or disability
With Member’s Choice Credit Life Insurance, if you die while your NextStep loan is still being actively serviced, Member’s Choice will pay off the loan, up to the policy maximum.
And with Member’s Choice Credit Disability Insurance, if you become totally disabled, Member’s Choice will cover your loan payments up to the policy maximum while you remain disabled. Regular disability insurance typically only covers a fraction of your salary, and only if you qualify.
Coverage by both policies begins immediately upon completion of your loan documents. Your premium is included in your monthly payments. And you can cancel coverage with a full refund any time during the first 30 days of coverage.
To make a claim
Call: 1 (518) 286-1611 or email: email@example.com