Payment Protection
Protect yourself and your loved ones…
For your protection, we offer two types of Payment Protection for your loans – Credit Life and Credit Disability Insurance. This protection removes the burden and obligation of unpaid loans from loved ones in the case of the death or debilitation of the primary borrower.
Credit Life Insurance
Designed to pay off the insured balance of your loan if you die during the term of the loan.
Credit Disability Insurance
Designed to pay your loan payments (up to the insurance contract limit) if you become disabled due to a covered accident or illness and unable to work for a period of 30 days or more during the term of you loan.
Payment Protection can be purchased for most new and used auto loans, as well as other consumer loans. For your convenience, the coverage is written directly into your monthly payment.