Debt Cancellation coverage provides financial and credit rating protection by cancelling some or all of your covered debt should you have an accident, lose your job, or lose wages while caring for a family member. Debt Cancellation is similar to traditional credit life and disability products; however, Debt Cancellation offers greater flexibility by protecting you against a broader range of events. With flexible options, you can chose the protection that best fits your lifestyle.

 Features

·     Coverage for today’s real-life events—involuntary unemployment, death, or disability

·      Financial protection—prevent late fees and delinquencies, protect
 your credit rating, preserve your savings

·      Flexible options—choose from three options to cover your Signature
 loan, Vehicle loan (RV, boat, motorcycle, watercraft), Line of Credit,
 Share Secured loan, or Certificate Secured loan

·      Convenient and easy to qualify—no medical examination required

·      Affordable security—low monthly fees are added to your CU SoCal
 loan payment