Whether you're taking out a loan to make home improvements or buy a vehicle, it can be a financial gamble because things happen... life happens. You're betting you can pay back your loan and won't lose your job (due to no fault of your own), or become disabled (due to injury or illness), or pass away-leaving your family responsible for your loan balance.
MEMBER'S CHOICE™ Borrower Security is a voluntary loan-payment protection product that helps you get relief from the financial burden if a protected life event unexpectedly happens to you. Simple eligibility requirements ease the enrollment process.
If a protected life event happens to you (and you're a protected borrower or co-borrower on the loan), MEMBER'S CHOICE™ Borrower Security will cancel or reduce repayment of your loan debt. Help lessen your worries, and your family's worries, about paying loans during a time when your income may be reduced or lost and paying other household bills becomes challenging.
Contact us to learn more about how Debt Protection can help you through the unexpected.