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Peace of Mind in an Unpredictable World Loan Payment Protection

Peace of Mind in an Unpredictable World - Tower FCU€¦ · Sometimes, bad things happen to good people. When an unexpected tragedy occurs, payment protection can pay off your loan

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Page 1: Peace of Mind in an Unpredictable World - Tower FCU€¦ · Sometimes, bad things happen to good people. When an unexpected tragedy occurs, payment protection can pay off your loan

Peace of Mind in an Unpredictable WorldLoan Payment Protection

© 2015 SWBC. All rights reserved. 1140-1419. Administered by SWBC.

7901 Sandy Spring Rd. Laurel, MD 20707-3589

301-497-7000 800-787-8328

towerfcu.org

Page 2: Peace of Mind in an Unpredictable World - Tower FCU€¦ · Sometimes, bad things happen to good people. When an unexpected tragedy occurs, payment protection can pay off your loan

Sometimes, bad things happen to good people. When an unexpected tragedy occurs, payment protection can pay off your loan in the event of death, or make payments on your behalf in the event of a disability. 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.

Adding Payment Protection1 to your loan can:

• 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

• Protect your family and your possessions

• Free-up extra cash when it’s needed most

• Pay benefits in addition to any other protection you may have

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

One third of Americans believe they would feel the financial impact from the loss of the primary wage earner within one month of their death.2

Are you 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 you and your loved ones by covering your loans if you or your co-borrower are unable to make payments.

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

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.

22014 Insurance Barometer Study

Page 3: Peace of Mind in an Unpredictable World - Tower FCU€¦ · Sometimes, bad things happen to good people. When an unexpected tragedy occurs, payment protection can pay off your loan

Peace of Mind in an Unpredictable WorldLoan Payment Protection

© 2015 SWBC. All rights reserved. 1140-1419. Administered by SWBC.

7901 Sandy Spring Rd. Laurel, MD 20707-3589

301-497-7000 800-787-8328

towerfcu.org