Payment Protection - Protect Yourself
You have dreams for you and your family – a happy retirement, college plans, a new car. But have you considered how you or your family would cover your financial obligations, such as the payment on your Consumer or Home Equity Loan if you fell victim to an unfortunate event?
Payment Protection can help when the unexpected hits.
Life Protection Package –
Disability Protection Package -
Transitional Loss of Life & Disability Protection Package –
Life & Disability Package –
Out of Work Protection Package -
Premium Package –
With Payment Protection you only buy enough protection to cover your loan balance. Tying protection directly to your loan means you’ll have exactly the right amount of protection – no more, no less, and that saves you money.
Other benefits include:
You can count on Payment Protection to step in when you and your family need help the most. And that means your dreams can go on and on – even when your income doesn’t.
For more information about Payment Protection, ask your loan officer or refer to your member agreement for details.
This is a summary of our Payment Protection program. Enrollment in the program is voluntary and not required to obtain a loan. Payment Protection is a debt cancellation product available through Credit Union of New Jersey. Please contact your Credit Union of New Jersey loan representative for additional information on benefit maximums, eligibility, and limitations.