« Back

Credit Life

KBA and Investors Heritage

Investors HeritageKenBanc’s partnership with Investors Heritage Life Insurance Co. has created the premier credit life program available for Kentucky banks. This is evident by the fact that nearly 75% of Kentucky banks participate in our program in one way or another. Attractive commissions, as well as dividends earned through participation in the KenBanc Reinsurance captive allow your bank to make substantial fee income from our program.

Key Program Points:

  • 60% Credit Life/55% Credit A&H + captive dividend potential!
  • Seamless integration with your loan software
  • Automated incentive payments to your officers via ACH
  • No cost/liability associated with captive stock
  • Initial and ongoing training, of your staff, by your KenBanc representative

Additional Info:
Can credit life be written on mortgage loans and does it trigger high cost loan compliance burdens?

Get a quote This link will take you to a different site

For more information contact Chuck Maggard at cmaggard@kybanks.com or 502-582-2453.