- Real Estate Loans
- HELOC Promotion
- Vehicle Loans
- Guaranteed Asset Protection (GAP)
- Mechanical Breakdown Protection (MBP)
- Motorcycle and RV Loans
- Personal Loans
- Platinum MasterCard
- Private Student Loans
- Debt Protection
- Other Documents
- Autoland (Auto Buying Service)
MEMBER'S CHOICE Borrower Security
Help play it safe.
Whether you're taking out a loan to buy a vehicle or applying for a CEFCU Platinum MasterCard® credit card, it can be a financial gamble because things happen…life happens. Help play it safe with MEMBER'S CHOICE™ Borrower Security, a voluntary loan-payment protection product.
MEMBER'S CHOICE™ Borrower Security is designed to help you get relief from loan payments if a protected life event unexpectedly happens to you.
Protected events include:
- Loss of life, including those caused by acts of war
- Disability, including those caused by acts of war
- Involuntary unemployment
If a protected life event happens to you (and you’re a protected borrower or co-borrower on the loan), MEMBER'S CHOICE™ Borrower Security will cancel or waive your loan payment(s), up to the contract maximums. Help lessen your worries, and your family’s worries, about paying loans during a time when your income may be reduced or lost and paying other household bills becomes challenging.
Simple eligibility requirements help ease the enrollment process.
Call us to speak with a Loan Officer and ask about protecting your loans, today.
Your purchase of MEMBER'S CHOICE™ Borrower Security 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 MEMBER'S CHOICE™ Borrower Security. 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.