Credit Involuntary Unemployment Insurance (Credit IUI) program designed for lenders, protects lenders and their borrowers against exposures caused by a borrower's involuntary unemployment.

Designed to relieve borrower anxiety when making a large purchase such as a home or automobile.
Credit IUI pays the monthly installment payment during the period of unemployment after a specified waiting period.

Credit IUI can be sold on auto loans or leases, retail installment loans, or in conjunction with association memberships, utility services, or other contracts or benefit programs.

Credit IUI may be sold on a blanket basis, in which the policy insures all loans originated by a lender, or may be sold to individual borrowers on a voluntary basis at loan origination.

Benefits to the lender:

1. Increased loan or lease volume due to greater customer confidence
   
2. Enhances credit quality of the portfolio and improves portfolio performance via reduced delinquencies and defaults
   
3. Covers escrowed property tax and insurance premiums which maintains the lender's security interest on their mortgage portfolio
   
4. The credit enhancement provided by Credit IUI coverage may allow lenders to decrease interest rates which will increase volume
   
5. Source of fee income

Benefits to customers:

1. Relieves customer hesitancy about large purchases
   
2. Financial assistance during personal economic hardship
   
3. Simple claims procedures based on eligibility for state unemployment benefits
   
4. Preserves customer's credit rating
   
5. May reduce monthly payment in certain

This product is underwritten out of our Home Office in Cincinnati. As a service, FIS will assist our agents in: making contact with the Underwriter, obtaining an Application, and presenting submission material for review by the Underwriter.