Payment Protection
If tragedy strikes, how will your loans get paid? You can remove the burden from your family with True Protection, a debt cancellation service that covers your financial obligations if you're incapacitated or not around to take care of them yourself.
There are simple eligibility requirements to meet and enrollment is immediate if you qualify. Take advantage of this service that provides peace of mind for you and your family.
- Cancels your debt in cases of injury, illness, involuntary unemployment, or loss of life
- Protects your family and assets
- Pay the monthly fee conveniently through your loan payment
Provides For Your Family When You Can't
Our specialized payment protection service for members in Juneau, Anchorage, Fairbanks and other parts of Alaska can be customized to meet specific needs. Speak with a loan representative about payment protection to ensure you have the right amount of protection you need.
While True Protection covers your loan payments if you die, it also provides security if you're laid off involuntarily or you're disabled by illness or injury. Your monthly loan payments will be cancelled, up to the agreed maximum of your policy.
Legal Disclaimer: This is a summary of our True Protection Program. Enrollment in the program is voluntary and not required to obtain a loan. True Protection is a debt cancellation product available through True North FCU. Please contact your True North loan representative, or refer to the True Protection Agreement for additional information on benefit maximums, eligibility, and limitations.