Optional loan protection is there to help pay the bills when the unexpected happens. If you lose your income due to involuntary unemployment, injury, or death, loan protection can help.
- Pays off or reduces your loan balance in the event of death
- Pays your loan payment for up to 6 months if you are disabled (begins 30-days after disability)
- Eliminate financial hardship for a family member in the event of death or disability.
- Payoff the deficiency balance on an auto loan in the event of a total loss on the vehicle.