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Loan Payment Protection

Loan Payment Protection

Protect your loan to help gain peace of mind.

Debt Protection and Debt Protection-PLUS are voluntary loan payment protection products designed to help you and your family keep your consumer loan repayment promises when life events happen. Protect your income, your collateral and your credit rating with loan protection that matters.

Debt Protection

Debt Protection is voluntary loan payment protection, so as a borrower or co-borrower on a consumer loan, you're protected in the event of your death. DFCU Financial will cancel or reduce repayment of your loan debt.

Debt Protection protected event:

  • Loss of life

How Debt Protection works:

  • Protect up to $100,000 of your loan balance
  • No medical exams required
  • Easy enrollment - simply apply at the time you take out a loan with us
  • Convenient payment plan - cost may be added to your monthly consumer loan payments

Debt Protection-PLUS

Debt Protection-PLUS is voluntary loan payment protection, so as a borrower or co-borrower on a consumer loan, you're protected when life hits with unexpected events like involuntary unemployment, a disabling injury or even death. DFCU Financial will cancel or reduce repayment of your loan debt.

Debt Protection-PLUS protected events:

  • Loss of life
  • Disability
  • Involuntary Unemployment

How Debt Protection-PLUS works:

  • Protect up to $100,000 of your loan balance
  • No medical exam required
  • Available to most consumer loan members who were working for income at least 25 hours a week at the time of the disability or involuntary unemployment
  • Easy enrollment - simply apply at the time you take out a loan with us
  • Convenient payment plan - cost may be added to your monthly consumer loan payments

It's easy to enroll for Debt Protection or Debt Protection-PLUS. Just talk to a Member Relations Representative for more information or call 888.336.2700 today.

Note: Debt Protection (DP) and Debt Protection-PLUS (DPP) are loan payment protection products offered by DFCU Financial. Your purchase of MEMBER'S CHOICE Borrower Security (DP and DPP) 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 one of our Member Relations Representatives, or refer to the Member Agreement, for a full explanation of the terms of MEMBER'S CHOICE Borrower Security.

DPGAP-0612-9914