Beacon Shield Debt Protection
Designed for borrowers in Central and Southwest Virginia, this protection plan can help ease the burden caused by disability, involuntary unemployment, or loss of life.
Your safeguard against the unexpected.
Beacon Shield Debt Protection helps safeguard your financial future by covering your loan payments when unexpected life events arise.
By adding debt protection to your loan, you gain an extra layer of security that helps ensure your payments are managed during difficult times. This can provide valuable peace of mind, allowing you to focus on what matters most without worrying about missed payments or added financial stress. With Beacon Shield Debt Protection, you can take control of your financial well-being while protecting your credit and long-term goals. Whether you have a personal loan, auto loan, or other financing, this optional coverage offers flexible protection tailored to your needs. It’s a simple way to reduce risk, avoid financial setbacks, and maintain stability when life takes an unexpected turn. By planning ahead with debt protection, members across Central and Southwest Virginia can feel more confident knowing they have support in place to help keep their finances on track.
Your family means everything to you. And if the unexpected happens, you don’t want an emotionally trying situation to be compounded by financial worry. That’s why there’s Debt Protection, which may cancel your loan balance or payments in case of:
- Involuntary unemployment - a covered job loss occurs
- Disability - a covered disability occurs due to illness or injury
- Death - protected borrower passes away
Things to know about Debt Protection:
It's easy
Simple to apply for, and takes effect immediately.
It's budget-friendly
Comfortably fits into your monthly payments.
It puts you at ease
Rest easy, knowing you’re taken care of in so many problem situations.
Ask us about Debt Protection today.
Take an important step toward financial security.
Visit a branch or call us at 434.237.1566.