Life is unpredictable.

You may worry about unexpected, real-life events that could leave you scrambling to pay your monthly bills. Debt Protection can help relieve financial pressure in the event of death, disability or involuntary unemployment.

With Debt Protection, your loan balance or monthly loan payments will be cancelled without penalty or added interest. You benefit from the peace of mind knowing you and your credit rating are protected.

Debt Protection

 Choose from the two plans listed below:

Plan Options	Death	Disability	Involuntary Unemployment	Rate per $1,000 of loan balance
				Single	Joint
Member Guard Plus	X	X	X	$3.22	$5.85
Member Guard	X	X		$1.62	$2.82

Availability

Debt Protection is available for: closed-end consumer loans; multi-featured consumer lending plans and consumer lines of credit (open-end loans); credit cards; closed-end home equity loans (i.e. second mortgages); home equity line of credit.

Eligibility

There are eligibility requirements, conditions, and exclusions that apply to this program. Please contact us for additional details about the Debt Protection program.

Definitions of coverage

Death – Give your family time to get back on their feet financially. Member Guard Plus and Member Guard – Cancel the remaining loan balance as of date of death (up to $75,000).

Disability – Help avoid bills piling up as you try to regain your health and earning capacity. Use this benefit as a supplement to any disability coverage you may have at work (which usually only covers 60 percent of pay). Member Guard Plus and Member Guard – Cancel up to six payments per occurrence (aggregate maximum of $15,000, up to $1,000 a month).

Involuntary Unemployment – Ensure that one of your major monthly expenses will be taken care of as you search for new employment. Member Guard Plus – Cancels up to six payments per occurrence (aggregate maximum of $15,000, up to $1,000 a month).

Cancel any time

You may cancel Debt Protection at any time. If you do so within the first 30 days, we will refund any fees already paid.

A benefit for you

We’ve designed our Debt Protection program to fit the times we live in today. More than ever, we all worry about things that might happen tomorrow. Debt Protection provides an important sense of financial security – knowing your loan will not become a burden to you in times of hardship.

Please consult with one of our representatives to discuss our Debt Protection program in more detail.

Disclosures

This product is optional Your purchase of Debt Protection is optional. Whether or not you purchase this product will not affect your application for credit or the terms of any existing credit agreement you have with us.

Additional disclosures

We will give you additional information before you are required to pay for Debt Protection. This information will include a copy of the contract containing the terms and conditions of Debt Protection.

Eligibility requirements, conditions, and exclusions

There are eligibility requirements, conditions, and exclusions that could prevent you from receiving Debt Protection benefits. You should carefully read your Debt Protection contract for a full explanation of the terms and conditions of the Debt Protection program.