Debt Protection

Debt Protection Plans

Debt protection offers your Financial Institution innovative coverage options to protect your borrowers’ and your organization’s financial well-being. The optional plans are custom designed based on your Financial Institution’s and members lending needs. Covered protected events can include life, disability and involuntary unemployment. The debt is cancelled as a lump sum or on a monthly payment basis depending on the covered event allowing all or part of a borrower’s debt.

Want to Learn More