What is Loan Payment Protection?
It’s a special two-party contract between American Quarter Insurance and a loan borrower. This insurance policy can eliminate the loan in the event of loss of life. It can cover monthly payments for a period of time if involuntary unemployed, disabled, or suffered other specified hardship. These types of policies are generally based on the percentage of the monthly loan amount payment and the level of coverage the borrower wants.
Payment Protection Benefits
Insurance that goes with your home improvement loan
Protects you during times of financial stress
Temporarily cancels your loan payment without penalty