Debt Protection
Life happens. With the right protection, you won’t have to worry about your debts if you get hurt.
What is it?
Protect your loan.
Help preserve your standard of living. Whether you’re taking out a loan to make home improvements or buy a vehicle, it can be a financial gamble because things happen…life happens.
You’re betting you can pay back your loan and you won’t lose your job (through no fault of your own), or become disabled (due to injury or illness), or pass away, which could leave your family responsible for your loan balance. Life events can cause financial hardship, making it difficult to pay some of the bigger bills.
You don’t want delinquent payments and defaulted loans to cause you to lose your assets, negatively impact your credit rating, or cause financial distress for your family.
What are the Benefits?
- Reduces or pays off loan(s)
- No physical exam to qualify
- Group rates through Money One
- Low-cost coverage rolled into loan payments
- No additional bills to pay
- Available individually on each loan from Money One
Resources
Debt Protection for Auto and Personal Loans Calculator
Debt Protection for Home Equity Loans Calculator
Debt Protection for Credit Card Calculator
To learn more, talk to a Money One representative and protect your debt today!
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We look forward to speaking with you about Debt Protection!