Payment Protection

When you take out a loan to finance a special purchase, make home improvements, or buy a vehicle, you’re counting on being able to make your loan payments. You’re not expecting the unexpected to happen. 

But what if you lose your job, become disabled, or pass away? Delinquent payments and defaulted loans could cause you to lose your assets, negatively impact your credit rating, or cause financial distress for your family.   

Don’t take a gamble financially. Hedge your bets by protecting your finances and credit rating with MEMBER’S CHOICE™ Borrower Security loan protection for consumer or home equity loans from TopMark FCU.

If you can’t work because of a covered event, payment protection in most cases will:

  • Make your monthly payments or pay off your loans
  • Protect your credit rating
  • Prevent late fees
  • Protect your family and possessions
  • Free-up extra cash
  • Pay benefits in addition to any other insurance you may have

If a protected life event happens (and you’re a protected borrower or co-borrower on the TopMark FCU loan)MEMBER’S CHOICE™ Borrower Security will cancel or reduce repayment of your loan debt.  Protected events include:

  • Death – Protected borrower or co-borrower passes away
  • Disability – Covered disability occurs due to injury or illness equity/line of credit loans, second mortgages but NOT on first purchase mortgage and other similar real estate loans.

Get Payment Protection  

Cost is determined by your loan balance, not your age, and the premiums are included in your loan payment. For more information, call or visit a branch.


Your purchase of Debt Protection is optional and will not 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. Debt Protection contractual liability is underwritten by CUMIS Insurance Society, Inc., a member of the CUNA Mutual Group.