MEMBER'S CHOICE™ Borrower Security

Help play it safe.

Whether you're taking out a loan to buy a vehicle or applying for a 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 cancel your loan payments or loan balance 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 may cancel or waive your loan payments or loan balance, 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 can help ease the enrollment process.

To learn more about protecting your loans, call us to speak with a Loan Officer.

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.