Payment Advantage

Loans and Visa Cards

Life can be wonderful. But it can also get complicated when unexpected things happen. Protecting your loan balance or loan payments against death, disability, and involuntary unemployment could help protect your finances.

This protection could cancel your loan balance or payments* up to the contract maximums.

Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, and loss of life on a non-protected dependent. Protect your loan balance or loan payments today so your family can worry less about tomorrow.

Purchasing protection is voluntary and won’t affect your loan approval. It’s simple to apply. Ask you loan officer about eligibility, conditions, or exclusions. Refer to the member agreement for a full explanation of terms and conditions.

Check out the protection options below:

Protection Plan	Life Plus	Disability	Involuntary Unemployment
Basic	✔
Select	✔	✔
Deluxe		✔	✔
Premier	✔	✔	✔

	Life Plus	Disability	Involuntary Unemployment
Type of Cancellation	Balance Cancellation	Payment Cancellation	Payment Cancellation
Type of Protection	Accident & Sickness	Accident & Sickness	Involuntary Unemployment
Maximum Benefits	$100,000 Limit**	12 months or $12,000	9 months or $4,500
When Benefits Begin	N/A	Waiting period = 30 days Benefits begin on the first day	Waiting period = 30 days Benefits begin on the first day
Limitations	6 month pre-existing before advance	6 month pre-existing before advance	3 months after advance

For more information on Payment Advantage, contact our Lending Center at 1-800-359-1939, option 3.

Your purchase of Payment Advantage is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of Payment Advantage. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.
DP-1331091.1-1015-1117

*Corporate America Family Credit Union Mortgages and the Smart Option Student Loan^® by Sallie Mae^® are not eligible.
**If you pass away before the end of the month during which you reach your 70th birthday, we will cancel your protected balance up to a maximum of $100,000. If you pass away after the end of the month during which you reach your 70th birthday, we will cancel 25% of your Protected Balance as of the date of death, up to a maximum of $25,000.