Payment Protection | TAPCO Credit Union - Tacoma & Pierce County

Payment Protection Plan


Protect your family against the unexpected.

Life can be wonderful. But it can also get complicated when unexpected things happen. Protecting your loan balance or loan payments against death, disability, or involuntary unemployment could help protect your finances.

This protection could cancel your loan balance or payments up to the contract maximums.

Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, and the loss of life of a non-protected dependent. Protect your loan balance or loan payments today so your family can worry a little less about tomorrow.

Purchasing protection is voluntary and won’t affect your loan approval. It’s simple to apply. Contact us about eligibility, conditions, or exclusions.*

In the event of...



Involuntary Unemployment

What happens

Protected borrower passes away

A covered disability occurs due to injury or illness

A covered job loss occurs

It cancels this... up to the contract maximums

Your payments or loan balance

Your loan payments

Your loan payments.

You may be eligible if you

Have an eligible loan

Are a permanent employee who is actively working* Are a permanent employee who is actively working
- OR -
Are honorably discharged.

*Refer to the payment protection agreement for a full explanation of terms and conditions.

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