Payment Protection: - All Elko Federal Credit Union consumer loans have credit life and disability insurance available for payment protection at very low costs. Credit disability insurance will make your credit union loan payment for you in the event you are injured or become ill and are out of work for 30 days or more. Credit life insurance will pay your loan balance in full in the event you or a co-borrower dies during the loan term. The low premiums for these insurances are conveniently included in your monthly loan payment and provide you and your family with great peace of mind in the event of one of these unforeseen situations.