Any number of unexpected situations can hamper a borrower’s ability to make loan payments. State National offers Debt Protection, a customized portfolio of products to protect families from financial hardships caused by death, disability or dismemberment and other unexpected events. Debt Protection programs can be tailored to fit each specific borrower’s needs including childbirth, adoption, marriage, divorce, involuntary unemployment, nursing confinement, unpaid family leave, hospitalization and more.

For financial institutions, Debt Protection is an excellent approved source of non-interest income. Its fees and benefits are uniform nationwide, a plus for financial institutions with branches in several states. This – along with State National’s established systems for pricing, marketing, administering and meeting compliance – makes it an easy-to-manage financial tool.

To learn how Debt Protection compares to Credit Life/Disability, click here to send us an e-mail for your copy of “Debt Protection: A Brief Comparison.”