You can protect yourself, your family, and your finances by directing your household income where you need it most. Simply add a Loan Protection Plan to your new Sovereign secured loan, Home Equity Loan, or Home Equity Line of Credit.

Sovereign can help you with three great coverage options:

Life

• Your debt will be cancelled in the event of your loss of life
• Co-borrowers or family members do not have to repay the loan
• Existing life insurance benefits can be used to pay other obligations or provide income to your family

Disability

• Will allow you (or your co-borrower if a joint plan is selected) to cancel your eligible loan payments and use your reduced income (disability benefits) to help meet medical expenses
• Will not interfere with any disability income or benefits you receive through your employer, state agency or any other existing insurance plans
• Will reduce stress on family budget during an already stressful time of disability

Involuntary Unemployment

• Will allow you (or your co-borrower if a joint plan is selected) to cancel your eligible loan payments and use your already reduced unemployment income to pay bills, or any other necessary obligations
• Will not interfere with any unemployment benefits you receive during this period