Debt Protection helps protect your dreams, safeguard your family from a financial nightmare and protect your collateral and good credit.
Debt Protection is a voluntary protection program that cancels your eligible loan balance, up to the maximum, should you die before paying off your loan.
If you become disabled due to a covered illness or injury, Debt Protection can cancel your monthly loan payment, up to the agreement maximum.
In addition, if you are involuntarily unemployed, Debt Protection takes care of some of your monthly expenses while you search for new employment.
With Debt Protection, you only buy enough protection to cover your loan balance and that saves you money. Protection plans are available on consumer and home equity loans.
This information is intended to serve as a general guide to Debt Protection coverage.