Debt Protection
Debt Cancellation
No one really likes to think about death, disability and umeployment. (Well, maybe you do, but that seems a bit strange to us.) Still, we're all glad to have something to lean on when we need it. That's why we have MEMBERS CHOICETM Borrower Security*. You don't have to enroll, but it's here if you want to. MEMBERS CHOICETM Borrower Security will make your loan payments for you if illness or injury leaves you unable to work. The coverage is good for a full year, or $12,000. MEMBERS CHOICETM Borrower Security also pays off your outstanding loan balance - up to $50,000 - in the event of your death. And some packages include three months or $1,500 of protection against involuntary unemployment.
The program is optional, of course, and it can cover your consumer loans, credit cards and home equity loans. To sign up, give member services a call. *This is a summary of the Borrower Security program. Enrollment in the plan is optional. MEMBERS CHOICETM Borrower Security is a debt cancellation product available through Spokane Federal Credit Union. Please contact your credit union loan representative or refer to the member agreement for additional information on benefit maximums, eligibility and limitations. |
