Loss of Life
Borrower is protected in the case of his/her death during the term of the loan.

Conditions

• Coverage: Single/Joint - primary applicant and/or co-applicant
• Issue Ages: 18 - 65 policy must expire on or before borrower's 71st birth date
• Maximum Coverage: the lesser of the outstanding account balance on the date of death or $50,000.
• Maximum Term: 72 months
• Debt Cancelled: remaining loan balance

Disability
The borrower is protected if he/she becomes and remains unable to perform the major duties of their occupation as a direct result of unintentional bodily injury, sickness, or disease incurred during the term of the loan, and they are not working for wages or profit during the activation period of the disability, and are under the continuous case of a licensed physician (other than the borrower or another protected individual).

Conditions

• Coverage: primary application only.
• Issue Ages: any over the age of 18. There is no expiration date.
• Maximum Coverage: the lesser of your monthly payment as of the date the Protected Event began or $1,000 per month, subject to an aggregate maximum of $50,000 for all events combined.
• Maximum Term: 72 months
• Waiting Period: 30-day waiting period - Protection may be activated beginning on the 31st day, retroactive to the first day the Protected Event began.
• Maximum Activation Period: until the disability ceases; at least 180 days must elapse between the end of one activation period and the beginning of another for the same type of event.

Job Loss
The borrower becomes and remains totally and continuously unemployed during the term of the loan due to a permanent involuntary termination of employment; involuntary layoff or suspension of employment; authorized, unionized strike or labor dispute by a chartered or previously organized trade or labor union; lockout or discharge of employees of temporary closing in response to organized employee activity.

Conditions

• Coverage: Primary Borrower - Loss of Life and/or Disability Protection must be selected for the same borrower.
• Issue Ages: any over the age of 18. There is no expiration date.
• Maximum Coverage: the lesser of your monthly payment as of the date the Protected Event began or $1,000 per month, subject to an aggregate maximum of $50,000 for all events combined.
• Maximum Term: 72 months
• Waiting Period: 30-day waiting period - Protection may be activated beginning on the 31st day, retroactive to the first day the Protected Event began.
• Maximum Activation Period: 12 months per continuous occurrence or until Job Loss ceases, whichever occurs first; at least 180 days must elapse between the end of one activation period and the beginning of another for the same type of event.