Debt Protection Program
Safeguard your family against the unexpected.
Protect What Matters
In the event of an unexpected financial hardship, your loan balance or monthly loan payments may be cancelled without penalty or added interest. Clean Energy CU Debt Protection provides an important sense of financial security — knowing your loan will not become a burden to you in times of hardship.
What We Cover
Life is unpredictable. There are a wide range of unexpected events that could leave you and your family scrambling to pay monthly bills. That’s why it is important you take action to safeguard your family against these types of events to ensure loan payments can be made on time.
Unexpected Death
In the event of a family member’s death, we want to give your family time to get back on their feet financially. For all plans, we will cancel the remaining loan balance up to $75,000.
Disability
When the unexpected happens, we want to help you avoid bills piling up as you try to regain your health and get back to work. For most instances, we will cancel up to 6 payments with a maximum of $15,000 and up to $1,000 per month.
Involuntary Unemployment
Ensure your loan payment will be taken care of as you search for new employment. We provide cancellation of up to 3 payments with a maximum of $15,000 and up to $1,000 per month.
Clean Energy CU Debt Protection Plan Options
Clean Energy CU Debt Protection is available for closed-end consumer loans, consumer lines of credit, credit cards, closed-end home equity loans (i.e. second mortgages), and home equity lines of credit. Choose from the plan options listed below:
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Plan 1
Plan 1
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Plan 2
Plan 2
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Plan 3
Plan 3
Death
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Plan 1
X
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Plan 2
X
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Plan 3
X
Disability
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Plan 1
X
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Plan 2
X
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Plan 3
Involuntary Unemployment
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Plan 1
X
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Plan 2
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Plan 3
Rate per $1,000 of monthly loan balance (Single)
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Plan 1
$2.69
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Plan 2
$1.57
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Plan 3
$0.71
Rate per $1,000 of monthly loan balance (Joint)
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Plan 1
$4.86
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Plan 2
$2.76
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Plan 3
$1.13
You may cancel Clean Energy CU Debt Protection at any time. If you do so within the first 30 days, we will refund any fees already paid. Learn more about the terms.
Want to Learn More?
Learn more about Debt Protection
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Monday-Friday 8:30am – 5pm MST
Saturday 9am – 12pm MST