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Safeguard Your Loans With a Payment Protection Plan
For pennies a day, you can protect yourself, your family and your credit from potential financial burdens. We offer three inexpensive Payment Protection Plans for credit cards or loans that are designed for life's unexpected turns.
- Have monthly payments cancelled if you become disabled or involuntarily unemployed—including honorable discharge.
- Have balances cancelled in the event of loss of life.
The cost is based on your outstanding loan balance and is included in your monthly or minimum payment. To purchase one of our protection plans, call 1-888-842-NFCU (6328).
Option A - Life |
Up to $75,000 upon loss of life of the borrower. Age 70 or older, 25% of the outstanding balance—up to $18,750—upon the loss of life of the borrower. |
$ .072 |
Option B - Life and Disability |
Up to $75,000 upon loss of life of the borrower. Age 70 or older, 25% of the outstanding balance—up to $18,750—upon the loss of life of the borrower.
Up to 12 months or $12,000 in monthly payments cancelled for disability. |
$ .134 |
Option C - Life, Disability & Unemployment |
Up to $75,000 upon loss of life of the borrower. Age 70 or older, 25% of the outstanding balance—up to $18,750—upon the loss of life of the borrower.
Up to 12 months or $12,000 in monthly payments cancelled for disability.
Up to 6 months or $3,000 in monthly payments cancelled for unemployment. |
$ .272 |
Your purchase of a Payment Protection Plan is optional. Refer to agreement for eligibility requirements, conditions and exclusions.
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