Debt Protection for Loans
Help protect your loan. Help protect your family against the unexpected.
Life can be wonderful. But it can also get complicated when unexpected things happen. Protecting your loan payments against death, disability, or involuntary unemployment could help protect your finances.
If a protected life event happens to you (and you’re a protected borrower or co-borrower on the loan), Our Debt Protection will cancel or waive your loan payments, up to the contract maximums—helping to lessen your worries, and your family’s worries, about paying loans during a time when your income may be reduced or lost and paying other household bills becomes challenging. We offer a number of options you could protect yourself against. These events could include:
Loss of life, including those caused by acts of war
Disability, including those caused by acts of war
Purchasing protection is voluntary and won’t affect your loan approval. It’s simple to apply. Ask your loan officer about eligibility, conditions, or exclusions.
Have a GE Credit Union Platinum VISA Credit Card? Yes, we can help you protect those balances too. Click here to enroll your card.