Sometimes accidents and events throw our lives into turmoil, resulting in changes that can be tragic and life-altering. You can protect yourself against financial disruptions that might occur by using The Police Credit Union’s Payment Protection for your loans.
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The Police Credit Union’s Payment Protection* is a voluntary loan-payment product that relieves you from the financial burden of delinquency, default or foreclosure if certain injuries or accidents leave you unable to pay your debts. If a protect life event happens to you and you’re a protected borrower or co-borrower on the loan, The Police Credit Union will cover your monthly payments and outstanding balance up to an agreed maximum.
Details and Package Options
- Cancel or reduce re-payment of your loan or Visa credit card debt (up to policy limits, which vary based on product)
- Easy eligibility requirements make enrollment simple
- Use the loan to supplement your disability coverage at work
- Protect your family, collateral and credit rating
| Package Options |
Covered Events |
| Total |
Life, Disability and Involuntary Unemployment |
| Premier |
Life and Disability |
| Basic |
Life |
Ease your mind with Payment Protection to get you and your family through difficult financial times. If you have any question, please call one of our Financial Services Loan Officers at 800.222.1391.
*Payment Protection is a debt protection product offered by The Police Credit Union. Enrollment in this debt protection product is voluntary and not required to obtain a loan. Please contact an The Police Credit Union Financial Services Loan Officer for additional information on benefit maximums, eligibility, limitations, and a copy of your contract.