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Debt Protection could help you reduce or eliminate your loan payments should your income ever take a hit. This allows you to focus on what’s more important – you & your family.

Debt Protection is a must-have for anyone with a loan. If a protected life event happens to you (or the co-borrower on the loan), OE Federal Debt Protection will cancel or waive your loan payments up to the member agreement maximums, taking the financial pressure off you and your family.

Young family spending time together

>> OE Federal Offers a variety of Protections:

  • Life Protection
  • Disability Protection
  • Involuntary Unemployment Protection
  • Family Leave

>> Benefits of Adding Debt Protection:

  • Included in loan payment
  • No health exam or height/weight questions
  • Reduces financial risk
  • Protection is activated even when other insurance is in force
  • Helps protect credit standing

 

>> To learn more and get a quote for adding Debt Protection to your new or existing loan, give us a call today at 800.877.4444.

 

Buying OE Federal Debt Protection is optional and won’t 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 us, or refer to the Member Agreement for a full explanation of the terms of Debt Protection. 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.

Already have Debt Protection? Learn more about Debt Protection and the Coronavirus here.