Insuring A Loan

AVB offers Life Insurance on loans with a maximum coverage of $100,000, and a maximum term of 180 months.

AVB offers Disability Insurance on loans up to $1,000 monthly payment.  There is a 14 day waiting period with benefits retroactive beginning from the 1st day of disability.  Maximum Disability term of 120 months.

Age limitations are as follows:

  • The maximum age for insurance coverage is through age 65
  • Coverage will terminate at age 66

Please Note: Approval or declination of a loan is not dependant upon your acceptance or declination of credit insurance; and purchasing credit insurance does not guarantee loan approval.