Member's Choice®
Borrower Security

What is debt protection?

It protects your loan balance or loan payments against death, disability or involuntary unemployment and could help protect your finances. This protection could cancel your loan balance or loan payments up to the contract maximums so your family can worry a little bit less about tomorrow. It’s voluntary and won’t affect your loan approval.

What are the advantages?

In the Event of: DeathDisabilityInvoluntary Unemployment
What Happens: Protected borrower passes away.A covered disability occurs due to illness or injury.A covered job loss occurs.
It Cancels This:
(up to contract maximums)
Your payments or loan balance.Your loan payments.Your loan payments.

You May be Eligible If:

You have an eligible loan. You are a permanent employee who is actively working.*You are a permanent employee who is actively working.*

Your purchase of Debt Protection with Life Plus 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 with Life Plus. 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.

CARMA# DPM024 † DP-3395015.1-0121-0423

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