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Payment Shield Plus

Your safeguard against the unexpected.

Call us (800) 462-8328, ext. 4389

A secure backup plan for you and your family during difficult times.

 

Help that will cancel or reduce your loan balance or payments in case of an involuntary job loss, disability or death.1

 

Cancels monthly loan or credit card payment1s for up to six months or $6,000 if you're involuntarily unemployed.1

 

Cancels monthly loan or credit card payments1 for up to 12 months or $12,000 if you're disabled by a covered illness or injury.1

 

Cancels your outstanding loan or credit card balance up to $100,000 in the event of your death.2

 

Protects a co-borrower per loan at no additional cost.

 

Add Life Plus for extra support, which covers terminal illness, hospitalization or family medical leave.

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Debt Protection

If you're unable to work due to an involuntary job loss or illness,1 Payment Shield Plus is an affordable way to safeguard your finances by waiving your monthly payments on your SchoolsFirst FCU loans or credit card. And it protects your family by canceling your loan or credit card balance if you pass away.2

We also provide extra protection with Life Plus, designed to cover unexpected health changes such as family medical leave, hospitalization or a terminal illness.

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Six Years in a Row

For six consecutive years, we've been recognized by Forbes as the No. 1 Best-In-State Credit Union in California.

 

We'll Help You Find the Right Coverage

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Calculate Your Car Loan Payment

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Get Extra Protection with GAP Plus

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Call

Monday through Thursday, 9 a.m. – 5 p.m.
Friday, 9 a.m. – 6 p.m.
Saturday, 9 a.m. – 3 p.m.

Email a Representative

Let's discuss your coverage options.

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Joining SchoolsFirst FCU is quick and easy. Apply for Membership today.

Disclosures
  1. Terms and conditions apply.
  2. If the outstanding loan balance is greater than $100,000, the rate will not be applied to the amount that exceeds $100,000. Loss of Life will provide 25% of the protected balance or $18,500 (whichever is less) after the last day of the month the protected individual reaches age 75.

Payment Shield Plus is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply. Please contact your loan representative or refer to the contract for a full explanation of the terms. You will receive the contract before you are required to pay for Payment Shield Plus. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.

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