Your job can be dangerous. What would your family do if you couldn't keep up payments for your auto or any other type of loan obligation? Payment protection from Houston Police Credit Union helps protect you from that risk.
Payment protection is a voluntary loan program that helps you get relief from financial burdens you may face if you're faced with the unexpected. When you enroll, you can suspend or cancel all or part of your obligation to pay your loan in the event of death or disability.
With payment protection, you have the flexibility to design your coverage. Our payment protection covers many types of loans, such as:
Consumer Loans
Home Equity Loans
Lines of Credit
Credit Cards
Life Coverage
Your family shouldn't have to worry about expenses when you're gone. Reduce or pay off your outstanding loan balance, up to the policy maximum, at death with Life Coverage.
Disability Coverage
With disability coverage, you can ensure that you can make your monthly loan payment should you become disabled due to a covered illness or injury.
For more information on our payment protection or to become a member, visit any of our branches or call us today!
*Insurance products are issued by Minnesota Life Insurance Company - A Securian Company (Home Office: St. Paul, MN).