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.
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