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Insurance

Mortgage Insurance Expand/Collapse

Mortgage Life Insurance*
Why take the risk? Chances are that your home is your single greatest investment. In the event of your death, could your family continue to make mortgage payments without changing the lifestyle you've worked so hard to achieve?

Comprehensive Mortgage Protection is designed for today's homeowner. You simply choose the amount of coverage you desire up to the $500,000 company participation limit (not to exceed the amount of your mortgage). In the event of your death, Comprehensive Mortgage Protection is designed to pay off your mortgage.** Low-cost premiums remain in effect throughout the term of the insurance coverage. Unlike many insurance programs, your premium will not increase as you get older. Coverage remains in effect throughout the term of your mortgage, for up to 25 years, or to your 75th birthday-whichever comes first.

Easy to Apply - You are elegible for this valuable life insurance if you are between the ages of 18 through 65, and meet the company's underwriting standards. Apply at any time during the mortgage application process or while you have a mortgage.
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Mortgage Disability Insurance*
Unexpected illness or accident can leave you with a temporary or even permanent disability, likely compromising your ability to earn money. Should you be faced with such misfortune, you will have to make the most difficult adjustment of your life. Don't make matters worse by putting your family's home at risk.


Why purchase mortgage protection? It's simple. No one is immune from the possibility of a disabling accident or illness. Our Mortgage Disability Insurance, available to Carpathia Credit Union members, covers your mortgage payments for considerably less money per day than you probably spend on lunch.

Easy to qualify - You can include your co-applicant in our affordable Mortgage Disability Insurance plan, ensuring complete peace of mind for your family.

Eligibility requirements are simple: you must be at least age 18 and under 66, show an acceptable medical history and have Mortgage Life Insurance protecting the same loan. You must have worked at least 20 hours a week for three consecutive months and the mortgage must have been obtained through Carpathia.

*some restrictions may apply
** benefits may not pay off your entire mortgage. limitatations and restrictions may apply


Loan Insurance Expand/Collapse

Credit Life and Disability Insurance on Personal Loans*
Help protect your family's lifestyle at a rate you can afford. Payment protection can help safeguard you family's lifestyle peace of mind. It's financial help you can count on when you need it most and it's convenient, economical and easy to qualify.

If you die or become disabled due to covered illness or accident, your loan payments may be reduced or paid off.

No physical exam is required to qualify. A few simple health questions may be required. The group rates are low-typically less than individual coverage.
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Line of Credit Insurance - Personal and Business Loans*
A line of credit provides the flexibility to fit today's consumer demands.

Our line of credit enables you to purchase those things you want exactly when you need them. You will be given a pre-approved limit by Carpathia, so all you have to do is draw against that.

Line of Credit Insurance provides you and your family with payment and lifestyle protection. In case of disability due to a covered illness, accident or death the last thing you need to worry about is having to pay bills. With Line of Credit Insurance Coverage, you can rest easy knowing your benefit will be paid in addition to any other insurance or employee benefits you may have.
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Term Life Insurance - Personal and Business Loans*
In the event of your death, could your family continue to enjoy the lifestyle you've worked so hard to achieve?

10 Year Level Term Life Protection is designed for today's breadwinner interested in financial planning. You simply choose the coverage you desire up to $500,000. In the event of your death, 10 Year Level Term Life Protection is designed to provide additional funds for your family to use when they need it most. And every ten years, you can renew this valuable guaranteed coverage at our low cost rates based on your age at renewal. Coverage will remain in effect until you reach your 75th birthday. Joint coverage is also available.

Easy to Apply - You are eligible for this valuable life insurance if you are a member of the Credit Union; you are between the ages of 18 through 65; and meet the company's underwriting standards.

*some restrictions may apply

Through Creditor Resources Inc. (CRI), thousands of members have been insured. Contact our Financial Service Representatives to receive a quick and convenient quote.

Travel Insurance Expand/Collapse

Whether you're travelling for a few days or several months, provincial health insurance plans provide only limited coverage for medical treatment and hospital costs incurred outside of Canada.

Carpathia Credit Union and CUMIS offer travel insurance protection that provides you with comprehensive out-of-country emergency medical insurance. Peace of mind comes with knowing that it will pay your eligible medical bills and other related costs if you or a covered family member have a medical emergency while travelling.

Whether members are travelling for business or pleasure, rate prices are based destination. CUMIS rates are very affordable for those individuals who are travelling within Canada or to worldwide destinations and cover from 2 days to a full year's protection.

  • Emergency Hospital and Medical Insurance
  • Accidental Death & Dismemberment
  • Flight Accident
  • Trip Cancellation & Interruption
  • Baggage

Home/Property Insurance Expand/Collapse

Our partnership with CUMIS provides our members with the option of getting comprehensive insurance protecton for their homes.

Click here to get a quote online!