Protection that pays
Box Elder Credit Union’s payment protection plan can help when the unexpected hits.
Loss of Life
If you should die before your loan is paid off, your loan balance will be cancelled up to the agreement maximum. This coverage will give your family peace of mind at a very hard time in their lives.
Makes payments towards your loan for up to 12 months if you have been injured or become seriously ill and cannot work. This benefit is great even if you already have disability coverage at your place of employment, since those are designed to help with everyday living expenses, you don’t need to worry about your loan payment until you can get back on your feet.
This insurance will cover your loan payments for up to 6 months to give you time to find new employment.
Some restrictions apply. BECCUs Payment Protection Plan is a debt cancellation product available through Box Elder County Credit Union. Please contact your Box Elder County Credit Union loan representative for additional information on benefit maximums, eligibility, and limitations.
Enrollment in the program is voluntary and not required to obtain a loan.