IUI is a credit insurance product that will reimburse the financial institution a monthly payment in the event an insured customer becomes involuntarily unemployed during the period of coverage.

 

IUI provides payment protection in the event of:

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• Individual or mass layoff

• Customer’s loan payment will be made while they are out of work

• Cost is not related to occupation

• Helps protect customer’s credit rating

• Pays benefits directly to the lender

• There are no age restrictions