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Loan Payment Protection

Protect yourself and your family from the unexpected by protecting your loan. In the event of loss of life, disability, or involuntary unemployment you can have the peace of mind knowing that your loan balance or payment may be cancelled. You can purchase payment protection for your secured and unsecured consumer loans, Visa credit cards, and home equity loans.

Choose the plan that works for you:

  • Life, Disability, and Involuntary Unemployment
  • Life and Disability
  • Life only

With Loan Payment Protection your loan balance or payment may be cancelled if you cannot pay for a covered reason*.  This program may protect your loan collateral, credit rating, lifestyle, and your family from repercussions of an unpaid debt.  

Enrollment is part of the loan application process. Contact your consumer loan specialist to learn more, 215-612-5900.

*Benefits vary by loan type, please ask your loan specialist for full details. Payment protection for Credit Card loans is limited to Life, Disability & Involuntary Unemployment for Single or Joint applicants.

Your purchase of Loan Payment Protection 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 Loan Payment Protection. 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.