Credit Life Insurance & Disability Insurance

How can these optional products help me?

Mariner makes available a variety of optional products at loan closing to support your individual needs and financial goals. Purchase is always optional and never a condition of getting your loan.

Please note that not all products are available in all states. Optional products are available for purchase in connection with obtaining a loan, but the decision whether to purchase any product will not affect loan eligibility or approval. Prior to deciding whether to buy a product, the cost will be disclosed, and, if purchased, will be financed as part of the loan transaction. Mariner Finance receives a commission in connection with the sale of optional products.

Terms and conditions apply, and coverage is subject to each applicable policy or plan.

Customers may cancel optional products at any time by calling Customer Relations at 844-326-8140, mailing a written request to Mariner Finance, LLC, 8110 Corporate Drive, Nottingham, MD 21236, or emailing a written request to customerrelations@marinerfinance.com. If you cancel within 30 days of the date of loan, the premium or fee charged for the product will be refunded. If you cancel after 30 days from the date of loan, the refund will be the unearned portion of the product premium or fee. The refund will be credited to your account or provided as a check, in accordance with the law. For Tennessee customers who purchased an optional product on or after October 26th, 2026, cancellation within 60 days of the date of the loan will result in a full refund of the premium or fee of the unused product and any interest on that premium or fee. If you cancel after 60 days of the date of the loan, you will receive a refund of the unearned premium or fee and any interest associated with the unearned portion. We will apply any refund to your loan as a credit to reduce the amount you owe, or send you a check if you no longer have an open loan with us.

Credit Life Insurance

What is Credit Life Insurance ?

Credit life insurance is optional coverage that pays off or reduces the amount owed on a specific outstanding debt, in the event of an insured customer’s death.

How does Credit Life Insurance work ?

Up to certain policy limits, a covered claim under a credit life insurance policy can pay off the outstanding balance of the covered borrower’s loan in the event of the borrower’s passing during the term of coverage. The insurance carrier will make the applicable payment directly to the creditor for the debt.

Advantages of Credit Life Insurance

• For a covered claim, the policy can pay off the remaining balance owed on a loan.

• Repaying the loan can eliminate an estate obligation.

• Co-borrowers are relieved of loan obligations for amounts covered by relevant insurance policies.

Disability Insurance

What is Credit Disability Insurance ?

Credit disability insurance is optional coverage that makes loan payments if an insured customer becomes sick or injured through a covered event and is unable to work.

How does Credit Disability Insurance work ?

Upon submission and approval of a covered claim, credit disability insurance can pay some or all of a borrower’s monthly loan payment(s) during the period that the borrower is unable to work due to the qualifying disability. Under the policy, covered loan payments are made by the insurance carrier directly to the creditor. Borrowers remain responsible for any portion of their loan obligation not covered by the credit disability coverage.

Advantages of Credit Disability Insurance

• For a covered claim, subject to policy limits, the policy can pay a borrower’s monthly loan payment(s) for the policy coverage period.

• The coverage can assist with monthly budgeting in the event of a covered claim.

• No medical exam is required at the time of purchase, subject to basic health representations and verification of the current employment.

Helpful optional product resources

For more detailed information about each of the optional products available, you can download the product brochures shown below. Simply click on any of the linked brochures for more details. You can also always reach out to your local branch with additional questions.