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.