Payment Protection

Life is unpredictable. Payment Protection, offered by TwinStar Credit Union, helps relieve the financial stress and worry related to making loan payments when your life takes an unexpected turn.

Here's how it works. Your consumer loan payment will be cancelled without penalty, added interest or delinquent reporting to a credit bureau when one of the following occurs:

• Accidental Death and Dismemberment
• Disability
• Involuntary Unemployment
• Family Leave

Payment Protection is available on closed end consumer loans with terms of 120 months or less and Visa credit cards accounts. Plans are also available on closed end home equity loans and home equity lines of credit.

Fees for Payment Protection are simply added to your monthly loan payment. Payment Protection plans are tailored to your individual needs. Consult with your Loan Representative about the right plan for your next TwinStar Credit Union loan.

There are eligibility requirements, conditions and exclusions that could prevent you from receiving Payment Protection benefits.