Protecting your loan payments in the event of unplanned events such as death, disability or involuntary unemployment, our debt protection program can be a smart decision. DECU’s Debt Protection may cancel your loan balance or monthly loan payments* if you experience a protected life event. Consider adding Debt Protection to your next loan.
What Does Debt Protection Cover?
We offer coverages for many unexpected life events, including:
There is no medical assessment required. Plus, we add the protection cost into your monthly loan payment so you don’t need to worry about planning for an additional payment.
What Our Members Are Saying:
“My husband and I had Debt Protection on 5 loans with DECU. When my husband went out on permanent disability, Debt Protection paid $1,500 a month for 12 months.
In all, Debt Protection covered $18,000 while my husband was disabled. Sadly, my husband passed. But, the death protection then paid off our VISA balance of $3,868.
Without Debt Protection, we would have struggled immensely to pay our bills and would have had to sell things that we had worked so hard to acquire. Thank you DECU for an awesome product!”
In 2023, 30 Members had over $130,000 in debts cancelled on their loans!
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