Debt Protection
Help with Loan Payments when your family needs relief the most.
Life can be wonderful. But it can also get complicated when unexpected things happen. Protecting your loan payments against the unexpected such as a covered life event or disability could help you protect more than your finances. It could help lighten the burden for the people you care about. Insure your loan payments today so you can worry a little less about tomorrow.
There’s no way to predict an injury, illness or other unexpected life event. You can take steps to protect your family if the unforeseen happens. Debt Protection may help reduce or pay off your covered loan, up to the policy maximum, in the event of a covered life event, injury, illness or death. You decide which payments you want to protect and the monthly premium may be added to your loan. Coverage is designed to fit your lifestyle, it is totally voluntary, it won’t affect your loan approval, and it’s simple to apply. You can sign up for credit insurance at your loan closing, or anytime you’d like.
Call the Loan Department at 804-756-5000 or visit any Connects branch to find out more.