Consumer Debt Protection

Protect What Matters

There are a wide range of unexpected events that could leave you and your family scrambling to pay monthly bills. That’s why it is important you take action to safeguard your family against these types of events to ensure loan payments can be made on time. That’s where optional ConsumerSafe Debt Protection comes in.

Under the ConsumerSafe Debt Protection program, your loan balance may be canceled or your monthly loan payments canceled without penalty or added interest. You benefit from the peace of mind knowing you and your credit rating are protected – and most importantly – that your family is protected.

Availability and Plan Options

ConsumerSafe Debt Protection is available for closed-end consumer loans of 120 months or less and open-end consumer credit plans, unsecured lines of credit, and credit cards.

Choose from the plan options listed below:

	Death	Disability	Involuntary Unemployment	Single Cost*	Joint Cost*
Plan Option 1	X	X	X	$2.69	$4.86
Plan Option 2	X	X		$1.57	$2.76
Plan Option 3	X			$0.71	$1.13

Definitions of Coverage

DEATH

Give your family time to get back on their feet financially.

• Plan 1: Cancels the remaining loan balance as of date of death (up to $75,000).
• Plan 2: Cancels the remaining loan balance as of date of death (up to $75,000).
• Plan 3: Cancels the remaining loan balance as of date of death (up to $75,000).

DISABILITY

Help avoid bills piling up as you try to regain your health and earning capacity. Use this benefit as a supplement to any disability coverage you may have at work.

• Plan 1: Cancels up to six payments per occurrence (aggregate maximum of $15,000, up to $1,000 per month).
• Plan 2: Cancels up to six payments per occurrence (aggregate maximum of $15,000, up to $1,000 per month).

INVOLUNTARY UNEMPLOYMENT

Ensure your loan payment will be taken care of as you search for new employment.

• Plan 1: Cancels up to three payments per occurrence (aggregate maximum $15,000, up to $1,000 per month).

Designed with You in Mind

More than ever, we all worry about things that might happen tomorrow. ConsumerSafe Debt Protection provides an important sense of financial security – knowing your loan will not become a burden to you in times of hardship.

Cancel at Any Time

Your may cancel ConsumerSafe Debt Protection at any time. If you do so within the first 30 days, we will refund any fees already paid.

Want to Learn More?

Talk to a representative today by calling 804-649-2957 and learn more about our ConsumerSafe Debt Protection program.