LAHFCU
Debt Protection with Life Plus
Debt Protecion
Your family means everything to you. And if the unexpected happens, you don’t want an emotionally trying situation to be compounded by financial worry. That’s why there’s Debt Protection, which may cancel your loan balance or payments in case of:
- Involuntary unemployment
- Disability
- Death
Life Plus
For additional protections, Life Plus can extend your Debt Protection to address a wide range of circumstances, giving you the reassurance of knowing you’ve taken steps to help secure your finances.
- Accidental dismemberment
- Terminal illness
- Hospitalization or family medical leave
- Death of a non-protected dependent
Value of Debt Protection
It’s easy
Simple to apply for.
It’s budget-friendly
Comfortably fits into your monthly payment.
It’s voluntary
Adding it to your loan is voluntary and won’t affect your loan approval.
It puts you at ease
Rest easy, knowing you could be taken care of in so many problem situations.
Why member’s are choosing Debt Protection.
Involuntary Unemployment:
“When getting laid off, it was a Godsend to have my car payment covered and not have to worry about it. Very grateful!”— Credit Union Member
Disability & Involuntary Unemployment:
“It was a life saver! With my injury and then COVID with unemployment, we for sure would have depleted our savings.”– Credit Union Member
Disability:
“The security of having debt protection really helped me. An unexpected break of the shoulder and I was out of work for 8 weeks. Knowing I didn’t have to worry about my loans really helped.” – Credit Union Member