Security Federal offers the following insurance options for you and your family.
Protect your family by insuring your loan for the outstanding balance or the original loan amount.
Accident and Health
Insure yourself in the event that there is an unforeseen accident that prevents you from working. After 14 days of missing work due to an accident or illness A&H insurance will make your insured loan payments for you until you return to your job.
Mortgage Protection Plan
Protect your mortgage with level premiums that can be escrowed in with your mortgage payment.
Term Life Insurance
When increasing your debt do you ever think about increasing your life insurance? Term policies can be written as low and $5,000.00 and as high as $1,000,000.00 with issue ages ranging from 18-70 years of age. There are level premium as well as annual renewable policies. Protect your family and be sure that all of your debt is covered under your life insurance policy.
- Not a Deposit
- Not FDIC Insured
- Not Insured by any Federal Government Agency
- Not Guaranteed by the Bank
- May go down in value (only if there is an investment component)