Home Loans Overview
First-Time Home Buyer
Fixed-Rate Mortgage
Adjustable-Rate Mortgage
Home Equity Loan
Home Equity Line of Credit
Land Lot Loan
Home Loan Specialists
Purchase Money Second
Mortgage Servicing
General Servicing
Loss Mitigation
Related Services
Borrowing/Loan Rates
Forms and Applications
Loan Protection Products

 / Loans / Home Loans / Loan Protection Products

Loan Protection Products

Protection Matters
Delta Community Payment Protection is a voluntary loan-payment protection product that helps you preserve your family's standard of living. It provides relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly happens to you, including:
  • Loss of life, including those caused by acts of war
  • Disability, including those caused by acts of war
  • Involuntary unemployment
Sometimes taking out a loan can be a financial gamble. You're betting you can pay back your loan and you won't lose your job, leaving your family responsible for your loan balance.

Help play it safe with Delta Community's Payment Protection
If you have a loan with Delta Community or if you're thinking about taking out a loan, Delta Community Payment Protection can help take away the financial gamble by protecting your payments. Whether borrowing to make home improvements or to buy a vehicle, it's nice to know you don't have to worry if you should be out of work, become disabled or pass away.

If a protected life event happens to you (and you're a protected borrower or co-borrower on the loan for Visa only), Delta Community Credit Union will cancel or reduce repayment of your loan debt-helping to lessen your worries, and your family's worries, about paying loans during a time when your income may be reduced or lost and paying other household bills becomes challenging.

Member Value Features and Benefits:
  • Simple eligibility requirements ease the enrollment process
  • Enrollment for protection can occur any time during the loan
  • 25 Hours a work week minimum
  • Acts of War for death and disability are protected
  • No maximum monthly payment limitation
Choice of:
  • Single protection on all consumer loans
  • Single and/or joint protection (Visa only)
  • Accident-only, accident and illness protection
  • Can pay multiple times over the duration of the loan for non-life events
Consumer Loans - 3 Options:
  • Protection for loss of life
  • Protection for loss of life & disability
  • Protection for loss of life, disability & involuntary unemployment
  • Single/Joint coverage
  • Protection includes loss of life, disability and involuntary unemployment
Disclaimer: Delta Community Payment Protection is a debt protection product offered by Delta Community Credit Union. Enrollment in this debt protection product is voluntary and not required to obtain a loan. Please contact a Delta Community loan officer for additional information on benefit maximums, eligibility, limitations, and a copy of your contract.

GAP Insurance
Since most insurance companies only cover the actual cash value of a vehicle, Delta Community CU offers GAP insurance coverage for added protection on your vehicle loan. This type of insurance closes the difference between your loan balance and the amount your insurance company would pay to replace your vehicle if it were totaled or stolen. The GAP payment covers your insurance deductible up to $500 and is available for purchase at the time of financing with Delta Community CU. We want to help protect you and your finances. When you're in the market for an car loan, call us at 1-800-544-3328 to learn more about GAP insurance.

Important Notice: You are accessing a secure site with confidential information which is restricted to authorized persons only. Unauthorized access or use is not permitted and constitutes a crime punishable by law. Violators will be prosecuted to the fullest extent of the law.