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Debt Protection

With Life Plus

Protecting your loan payments against death, disability, hospitalization, or involuntary unemployment could help protect your finances.*

  • If protected borrower passes away, this may cancel your loan balance if you have an eligible loan 
  • If a 48-consecutive-hour hospital stay occurs, this may cancel your loan payments if you have an eligible loan
  • If a covered disability occurs due to injury or illness, this may cancel your loan payments if you are a permanent employee who is actively working up to 12 months up to a maximum $12,000
  • If a covered job loss occurs, this may cancel your loan payments if you are a permanent employee who is actively working up to 6 months or $6,000

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* Refer to the Member Agreement for a full explanation of terms and conditions.

Your purchase of Debt Protection 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. 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. DP-3414704.1-0121-0423  CUNA Mutual Group ©2021, All Rights Reserved