Loan Payment Protection

Covers loan payments in the event of disability or death

Low-cost insurance is rolled into your loan payments

Available for consumer loans, home equity loans and home equity lines of credit

Loan insurance protects your family's finances.

Provide peace of mind to your loved ones.

You're working hard every day for your family so they can feel more secure. But if you weren't able to work because a disability or tragedy, the financial burden on them could be devastating. That's where our Loan Payment Protection can help easy that burden due to disability or premature death.* You have the option of choosing this protection when you're approved for a PFCU loan.

  • No physical exam required as long as you meet group eligibility requirements
  • Coverage available for consumer loans, home equity loans and home equity lines of credit
  • Payments vary based on the term and amount of your loan

There are two types of coverage you can choose.

Credit Disability

  • Protects you if a disability prevents you from continued employment

  • Covers your loan installment at a time when income is low and expenses are high

Credit Life

  • Provides financial protection in the event of death 

  • Your loan transaction is completed, your debt is paid, and your collateral is released to your family

 

TOOLS TO GET YOU AHEAD

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With affordable rates and a simple application process, it's easy to consolidate debt with a PFCU Personal Loan.
Personal Loans