Personal Choice Payment Protection (PCPP)
Who will make your loan payments if you’re not able to?
With Personal Choice Payment Protection (PCPP), you can choose Individual or Joint payment protection coverage in several combinations of Life, Disability, and Involuntary Unemployment or a premium package with all three types of coverage.
PCPP is available on your Altra auto loan, personal loan, line of credit, home equity loan, or Home Equity Line of Credit.
If you have an existing auto loan, personal loan, line of credit, home equity loan, or Home Equity Line of Credit with life and disability coverage, you can refinance that loan and add additional coverage with minimal paperwork. If you’re taking out a new loan, consider adding Payment Protection.
Download full Personal Choice Payment Protection disclosure