
Protect yourself: If you're like most people, you may be worried about unexpected, real-life events that could
happen during the term of your loan. Things such as losing your job or getting injured that leave you scrambling to pay your monthly bills.
Debt Protection protects you, your family and your credit rating. You have the peace of mind knowing your monthly
loan payments will be cancelled or suspended in the event
of death, disability, involuntary unemployment, or if you
take leave from your job under the Family and Medical
Leave Act (FMLA).
Smart financial security because life is unpredictable:
Debt Protection helps relieve the financial stress and worry related to making loan payments when your life takes an unexpected turn.
With Debt Protection, your consumer loan payment(s)* will
be cancelled or suspended without penalty, added interest,
or being reported as delinquent to the credit bureau when
the covered events occur:
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Death - gives your family time to get back on its feet financially. |
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Disability - helps you avoid bills piling up as you try to regain your health and earning capacity. Use as a supplement to any disability coverage you may have at work (which usually only covers 60 percent of pay). |
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Involuntary Unemployment - gives you assurance during a difficult time that one of your major monthly expenses will be taken care of as you search for new employment. |
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Family Leave - helps your family with a major expense during what is often an unusually hectic time—a leave from your job for family or medical reasons. |
See our rates and coverage options.
No obligation for 30 days
When you apply for Debt Protection, you have 30 days to review your plan. If you are not satisfied with the program or if your situation changes, you can cancel it at any time. If you do so within the first 30 days, any fees paid will be refunded.
A benefit for our members
Our Debt Protection program is designed for you because it fits the times we live in today. More than ever, we all worry about things that might happen tomorrow. Debt Protection provides an important sense of financial security - letting you worry less and sleep a little better at night.
Please contact a Member Service Consultant to discuss our Debt Protection program in more detail at (206) 382-7000 or 1-800-732-9300.