
Help play it safe.
Whether you're taking out a loan to make home improvements or buy a vehicle, it can be a financial gamble because things happen…life happens.
Help play it safe with MEMBER'S CHOICETM Borrower Protection*. MEMBER'S CHOICETM Borrower Protection is a voluntary loan-payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly happens to you. Simple eligibility requirements help ease the enrollment process.
If a protected life event happens to you (and you’re a protected borrower or co-borrower on the loan), Altana Federal Credit Union will cancel or reduce repayment of your loan debt. 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. Protected events include:
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Loss of life, including those caused by acts of war
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Disability, including those caused by acts of war
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Involuntary unemployment
*MEMBER'S CHOICE TM
Borrower Protection is a debt protection product offered by Altana
Federal Credit Union. Enrollment in this debt protection
product is voluntary and not required to obtain a loan. Please
contact an Altana Federal Credit Union loan officer for
additional information on benefit maximums, eligibility,
limitations, and a copy of your contract.
