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Prepare. Plan. Protect.
Safeguard Against the Unexpected
Payment protection is a service that protects your family members should the unexpected happen. In the event of involuntary unemployment, disability, and even death, this service may cancel your loan balances or payments.
The following loans are eligible for debt protection:
The following loans are eligible for debt protection:
- Visa Platinum Rewards card
- Auto loans, including RVs, boats, and trailers
- Home equity loans
- Personal loans
- Share-secured loans
For additional protections, Life Plus can extend your payment protection to address a wide range of circumstances, giving you the reassurance of knowing you’ve taken steps to help secure your finances in case of:
- Accidental dismemberment
- Terminal illness
- Hospitalization or family medical leave
- Death of a non-protected dependent
Filing a claim
In your time of need, our claims process is quick and easy. If you have already elected payment protection on your loan, you can use the convenient claims process to quickly and easily file your insurance claim.
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.
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