Payment Protection Plan for your Loan!
Protect your loans and your assets. An extended disability, involuntary unemployment, an unpaid family leave or your death can create a financial burden for your family. UCU’s Debt Protection can safeguard your loan if you fall victim to an unfortunate event by helping cancel your loan payment obligations. Depending on the loan type, there are payment protection package options from which to choose.
|Package options||Auto/Personal Consumer Loans||MasterCard Credit Cards||Home Equity Loans|
|Loss of Life, Disability, Involuntary Unemployment, Family Leave||X||X|
|Disability, Involuntary Unemployment||X|
|Loss of Life, Disability||X||X|
|Loss of Life||X||X|
A protection plan can be added at the time of funding your loan or can be added to a current loan. Knowing you won’t have to worry about making your loan payments helps you and your family rest easier.
For more information on this product, please contact a Loan Representative at 310.477.6628, x1.
Your purchase of MEMBER’S CHOICETM Borrower Security 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 MEMBER’S CHOICETM Borrower Security. 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.