Get Unbeatable Debt Protection with Home Equity Protect and Vehicle Loan Protect
Why
Put Your Equity at Risk?
You’ve borrowed against the equity in your
home for a significant event in your life- a
child’s
education, home improvement or other
special occasion.
But have you considered the
impact this loan could
have if you couldn’t make
the payments because
of death or disability?
Let Home Equity Protect help you safeguard
this
new obligation and the equity on which the
loan
is based against the unexpected.
Simple
and Affordable Protection
Home Equity Protect may help cancel or
reduce the
outstanding loan balance or your
monthly loan payment
if a protected death or
disability occurs. This
package provides peace
of mind that comes with knowing
your loan
won’t become a burden to you or
your family.
It is available at an affordable rate
that does
not increase with age.
Enrollment in this program is quick and easy-
with
no health questions required. And, with a
monthly
fee that is included with your loan
payment, there
is no extra bill to pay.
Who Is Eligible?
Home Equity Protect is protection for home
equity
loans and lines of credit through your
credit union.
This package is available for you
and your co-borrower.
You can apply if you are
between the ages of 18
and 65 and are actively
at work for at least 25
hours per week.
Additional exclusions and limitations
apply.
Contact your loan officer for more information
today.
Home Equity Protect Includes:
Death
Protection: |
| |
Accidental
Death: Cancels the protected outstanding loan
balance- up to $100,000 in the event of death
due to accidental injury; and, |
| |
Critical
Period Death: Cancels the scheduled monthly
loan payment up to $1,000 in the event of protected
death for up to 6 months. |
| Disability
Protection: |
|
Accidental
Disability Protection: Cancels the scheduled
monthly loan payment up to$1,000 in the event
of protected accidental disability for up to
6 months per occurrence (a maximum of 12 monthly
benefits applies). |
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