Accidents happen. We offer several loan protection options that give you comfort in your time of need.
Protection from the unexpected
Affordable and comprehensive coverage
Easily added to your loan
Your safeguard against the unexpected.
Do everything you can to take care of the ones you love.
Your family means everything to you. And if the unexpected happens, you don't want an emotionally trying situation to be compounded by financial worry. That's why there's Debt Protection, which may cancel your loan balance or payments in case of:
- Involuntary unemployment - a covered job loss occurs
- Disability - a covered disability occurs due to illness or injury
- Death - protected borrower passes away
For additional protections, Life Plus can extend your Debt Protection to address a wide range of circumstances, giving you reassurance of knowing you've taken steps to help secure your finances.
- Accidental dismemberment
- Terminal illness
- Hospitalization or family medical leave
- Death of a non-protected dependent
Your purchase of Debt Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply. Please contact your loan representative or refer to the Member Agreement for a full explanation of the terms of Debt Protection. You may cancel the protection at any time. If you cancel protection within 30 days, you will receive a full refund of any fee paid.
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