F或者信用卡s, 汽车贷款, and 个人贷款s
Only pay coverage for the balance owed
800.358.8228, choose option 6
Life can be wonderful. But it can also get complicated when unexpected things happen.
支付保护1 is a simple and budget-friendly way to protect your family and help ensure your credit cards, 汽车贷款, or 个人贷款 payments are maintained if you become unemployed, 禁用, 或者死去. This protection could cancel your loan balance or payments up to the contract maximums.
生活+ is an optional add-on to 支付保护, which adds additional protection for life events such as accidental dismemberment, 绝症, 住院治疗, family medical leave, and the loss of life of a non-protected dependent. Protect your loan balance or loan payments today so your family can worry a little bit less about tomorrow. Purchasing protection is voluntary and won’t affect your loan approval.
Available on 汽车贷款, 个人贷款s, and credit cards
Full monthly payments may be cancelled, up to contract maximums
This optional add-on gives even more protection for accidental dismemberment, 绝症, 住院治疗, family medical leave, and loss of life of a non-protected dependent
Only pay coverage for what you owe, cancel anytime
As your balance decreases, so do your costs. +, if you pay off your credit card balance before your billing cycle date, you don’t pay anything for 支付保护.
In the event of a death of the protected borrower, it will cancel up to the contract maximums if you have an eligible auto loan, 个人贷款, 或者信用卡.
If a covered disability occurs due to injury or illness when you are a permanent employee who is actively working, your loan payments will be canceled up to the contract maximums.
If a covered job loss occurs when you are a permanent employee who is actively working, 支付保护 will cancel your loan payments up to the contract maximums.
在Patelco, we put your financial wellbeing first and provide free financial coaching with a Patelco Certified Financial Specialist.2 Your financial specialist can help you create a personalized strategy so you can feel in control of your money and track your progress.
Patelco offers 保险 solutions3 for every stage of life, so no matter where you or your family are at, we’ve got you covered. Learn more about how you can help protect yourself and those you love.
Patelco helps you get ready for the unexpected with our Patelco Protection Plans. We know that life can come at you in the most unexpected ways; that’s why we offer protection plans to help you be financially prepared for anything that comes along. Are you ready for the expected?
What if there’s an injury and you’re unable to work? Will your current coverage be enough? Or in the event of your unexpected death, will your family be able to keep up with everyday expenses and debt?
It is possible to plan for the unexpected with our loan and payment protection plan that cancels your loan payments or balance, up to the contract maximums, if you suffer a covered unemployment, disability 或者死去.
But what if other unexpected expenses come along? Can you cover the gap?
例如, getting a new vehicle is exciting, but it starts losing value the second you drive it off the lot. And if it gets wrecked or stolen you could owe more than your 保险 will pay, and that gap could be thousands of dollars.
For a one-time cost of $595, Guaranteed Asset Protection, 或GAP +, can help reduce that gap and put you back where you belong – behind the wheel. It can be financed as part of your loan. This averages out to just over $8 per month over the course of a 5 year loan, giving you protection and can help provide you peace of mind.
But what happens when those big repair bills come along?
Mechanical Breakdown 保险 (MBI) can help make big repair bills a lot smaller. Just choose a plan and deductible to help reduce your out-of-pocket expenses on covered repairs and get additional benefits like roadside assistance, rental and travel expense reimbursement, 和更多的. So when life throws you an unexpected curve – you can be covered.
Ask a team member for a quote or learn more at Patelco.org/保险.
What kind of 保险 do I need? Get guidance on how much car 保险, if you need life 保险 and how much and how to evaluate the cost of health 保险.
Thinking about life 保险? Get the facts from Patelco to find out about the types of life 保险, 它涵盖了什么, and how much life 保险 you may need!
Read this article to find out how to form good spending habits so you can stay on budget and reach your financial goals.
1 Your purchase of 支付保护 with 生活+ 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, 条件, and 除外责任 may apply. Please contact your loan representative or refer to the Member Agreement for a full explanation of the terms of 债务 Protection with 生活+. 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.
2 Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Patelco 信贷 Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
3 保险 products are not deposits of Patelco 信贷 Union and are not insured by the NCUA. They are not guaranteed by Patelco 信贷 Union and may be subject to risk. Any 保险 required as a condition of an extension of credit by Patelco 信贷 Union need not be purchased from Patelco 保险 Services and may be purchased from an agent or an 保险 company of the member’s choice. Patelco 保险 Services is a subsidiary of Patelco 信贷 Union. 保险 products are offered by Patelco 保险 Services, a California 保险 agency (License #0C97544). Any complaints may be filed with the California Department of 保险, 保险.ca.政府.
All statements made are subject to provisions, 除外责任, 条件, and limitations of the applicable 保险 policy. Coverages and features are not available in all states. Eligibility is subject to meeting applicable underwriting criteria. Discounts and savings are available where state laws and regulations allow and may vary by state. Certain discounts apply to specific coverages only. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state laws and regulations allow. Please consult your policy for specific coverages and limitations.
