1.844.825.6728  |  support@valorcu.org  |  Routing # 231386331

Member's Choice
Borrower Security

Help play it safe with Member's Choice Borrower Security


Whether you're taking out a loan to make home improvements or buying a vehicle, it can be a financial gamble because things happen... life happens. Help play it safe with Members Choice Borrowers Security, a voluntary loan-payment protection product. Member's Choice Borrowers Security helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly happens to you. Simple eligibility requirements help ease the enrollment process.

If a protected life event happens to you (and you’re a protected borrower or co-borrower on the loan), Member's Choice Borrowers Security will cancel or waive your loan payment(s), up to the contract maximums. Help 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.

Protected events include:

  • Loss of life, including those caused by acts of war
  • Disability, including those caused by acts of war
  • Involuntary unemployment

Within the Member's Choice Borrowers Security Program there are 4 different options available to fit your needs and budget. Option 1 includes coverage for all three protected events listed above. Option 2 includes coverage for Loss of Life and Disability only, Option 3 includes coverage for Loss of Life only, and Option 4 includes coverage for Disability only.

The following products qualify:

Call us at 1.844-VALORCU (825.6728) to find out more about the options for protecting your loans, today.

Conditions & Notes

Your purchase of Member's Choice Borrowers Security 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. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of Member's Choice Borrowers Security. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.