Payment Protection Protect your mortgage for your new home. Safeguard your line of credit for your fledgling business. Be assured that your new car loan is safe. Whatever it is, payment protection helps you protect the things that matter to you : your credit rating, your savings and retirement, your home, your family. Mortgage protection Protect you and your loved ones from financial heartaches with mortgage protection that helps cover your payments – when you can’t - because of a critical illness, total disability, death or involuntary loss of employment. Life/critical Illness: Pays your mortgage’s outstanding balance up to $1,000,000. Total disability: Pays your payments up to $3,000 per month for a maximum of 24 months. Loss of employment: Pays your payments up to $3,000 per month for a maximum of 9 months. Loan and line of credit protection Start getting the protection you need for a personal fixed-term loan, a personal or business line of credit so you can focus on what matters most. Payment protection for loans We cover your loan in the event of total disability, critical illness, or death* Life: Pays your loan to a maximum of $90,000 and up to 180 months to age 75. Total disability: Pays monthly payments to a maximum of $1,500 up to the maximum benefit period (depending on the credit union) and up to age 75. Critical illness: Pays your loan up to $90,000 with a maximum term of 180 months up to age 75. *Contract limits vary by credit union/partner. Talk to your credit union or financial partner for more information. Payment protection for lines of credit We cover your revolving line of credit on a monthly basis in the event of total disability, critical illness or death. Life: Pays the outstanding balance up to $1,000,000 and up to age 75. If you apply for coverage after you turn 65, the maximum coverage is $100,000. Total disability: Pays 3% of your balance, up to $3,000 for a maximum of 60 months up to age 75. Critical illness: Pays the outstanding balance up to $1,000,000 and up to age 75. You can apply for coverage up to age 59. Business lines of credit – Member Term Life We pay a life insurance benefit equal to your line of credit to a maximum of $2 million up to age 75 in the event of death, subject to the conditions of your policy. Credit card balance protection Get all-round balance protection that’s affordable and convenient to protect you and your family, financially. Credit card balance protection pays off your outstanding credit card balance – when you can’t – after an unexpected event, such as a critical illness, an accident, disability, involuntary loss of employment and more.