Florida Hospital Credit Union offers 2 different types of Payment Protection for all of our consumer loans.
Member's Choice Disability available only to the primary borrower will make the member's loan payments, up to the "maximum coverage limits", should they become totally disabled due to sickness or injury while insured, except as described in the exclusion section of your contract.
Member's Choice Term Life available to the primary borrower or both borrowers if applying jointly will pay off or reduces the member's outstanding loan balance up to the "coverage limits" if the member/s dies while insured, except as described in the exclusion section of your contract.
For further or detailed information on what the Maximum Coverage Limits and who is eligible please feel free to contact us and speak with any Credit Union representative.