Protect Your Financial Future with Debt Protection
Whether you are financing home improvements or buying a new vehicle, taking out a loan is a major milestone — but unexpected life events can happen.
Debt Protection provides a vital safety net, safeguarding your family and your credit score from the financial impact of unpredictable hardships. Learn how you can easily add this voluntary payment protection to your loan and borrow with total peace of mind.
Play It Safe
Debt protection is a voluntary loan-payment protection service 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), debt protection 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:
- Loss of life, including those caused by acts of war
- Disability, including those caused by acts of war
- Involuntary unemployment
Call us today at (225) 214-6800 and ask about protecting your loans.
Life, Disability, or Involuntary Unemployment Claim? We are here to help!
In your time of need, our claims process is quick and easy. If you elected payment protection on your loan, you can use this convenient claims process to quickly and easily file your claim.
To begin, please fill out a claim form here.
If you prefer, call 1.800.621.6323 to begin the process and a TruStage™ claims specialist will guide you through the process.
*Debt protection is a service offered by EFCU Financial. Enrollment in debt protection is voluntary and not required to obtain a loan. Please contact an EFCU Financial loan officer for additional information on benefit maximums, eligibility, limitations, and a copy of your contract.