Provide your family peace of mind in unexpected times with loan payment coverage.
Loan Payment Coverage in Times of Need
No one likes to think about accidents and emergencies, but if tragedy strikes, the last thing you should have to think about is how to make your loan payments. With multiple Debt Cancellation options, you can make sure your loans are current and your family is protected.
If your loan is covered, we’ll pay all or part of your loan balance in the case of an accident resulting in severe injury or unemployment.
We've got you covered
Our Debt Protection Program allows you to opt for coverage for these types of situations. This coverage cancels your remaining loan balance in the event of death, or loan payments for a specified amount of time in the event of death, disability and involuntary unemployment, depending on the plan.
Eligible loans include:
Any closed-end Consumer Loan with a term of 120 months or less