peace of mind in an npredictable world · peace of mind in an npredictable world loan payment...

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© 2020 SWBC. All rights reserved. 1011-A4774 0620. Administered by SWBC. Peace of Mind in an Unpredictable World Loan Payment Protection Your purchase of Payment Protection is optional. Whether or not you purchase Payment Protection will not affect your application for credit or the terms of any existing credit agreement you have with the financial institution. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under Payment Protection. You should carefully read the contract for a full explanation of terms. 1 Payment Protection may be available for personal credit cards, auto loans, personal consumer loans, and home equity loans. 2 “The Facts about Social Security’s Disability Program.” Social Security Administration, Publication No. 05-10570, January 2018. Web. March 2018. 573.472.5373 highwaycrossroadscu.com

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Page 1: Peace of Mind in an npredictable World · Peace of Mind in an npredictable World Loan Payment Protection Your purchase of Payment Protection is optional. Whether or not you purchase

© 2020 SWBC. All rights reserved. 1011-A4774 0620. Administered by SWBC.

Peace of Mind in an Unpredictable WorldLoan Payment Protection

Your purchase of Payment Protection is optional. Whether or not you purchase Payment Protection will not affect your application for credit or the terms of any existing credit agreement you have with the financial institution. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under Payment Protection. You should carefully read the contract for a full explanation of terms.

1 Payment Protection may be available for personal credit cards, auto loans, personal consumer loans, and home equity loans.

2“The Facts about Social Security’s Disability Program.” Social Security Administration, Publication No. 05-10570, January 2018. Web. March 2018.

573.472.5373highwaycrossroadscu.com

Page 2: Peace of Mind in an npredictable World · Peace of Mind in an npredictable World Loan Payment Protection Your purchase of Payment Protection is optional. Whether or not you purchase

Sometimes bad things happen to good people.

When an unexpected tragedy occurs, Payment Protection can help pay off your financed loan in the event of death, or make payments on your behalf if you become disabled. In this day and age, the loss of a paycheck—even temporarily—could cause financial ruin. Payment Protection gives you the kind of security you need in our uncertain world.

Death and disability are often unpredictable. They can happen to anyone, at any age. Fifty-six million Americans, or 1-in-5, live with disabilities.2

What if you become one of them?

Every two seconds, whether around the house, on the job, or just being in the wrong place at the wrong time, someone suffers a disabling injury.

Payment Protection can help safeguard your investment by covering your loan if you or your co-borrower are unable to make payments.

By adding Payment Protection¹ to your loan, it can help you:

Eliminate all or part of your remaining loan balance

Protect your credit rating as loan payment obligations are made on your behalf

Prevent late fees

Create financial security for your family

Free-up extra cash when it’s needed most

Payment Protection is affordable and may cover both you and your co-borrower. And the cost is factored right into your loan payment, giving you one less thing to think about.

Speak with a loan officer or service representative about this valuable benefit today.