Common Contracts
1 similar Credit Card Protection Agreement contracts
BORROWER 1 NAME BORROWER 2 NAME ACCOUNT NUMBER SIMPLY SECURED CONTRACT (“Contract”) PROTECTED LOANCredit Card Protection Agreement • February 20th, 2020
OPTIONS YOU ELECT THE FOLLOWING OPTION:(check only one box) LifePlusDisability & Unemployment LifePlus Disability LifePlus No Protection - Life Plus- Disability- Involuntary Unemployment - Life Plus- Disability - Life Plus Program Fee: Rate per $100 of the Monthly OutstandingLoan Balance $0.400 $0.350 $0.200 This Contract protects the first two Borrowers listed on the lending agreement.ELIGIBILITY QUESTION:Subject to the terms, conditions and exclusions, You are eligible for protection under this Contract if You are a Borrower on the Loan on the Effective Date of Protection and meet the eligibility requirements below.If electing an option with Disability or Involuntary Unemployment, You must answer Question 1.1. Are You actively working, for wages or profit, for 25 hours or more per week on the date You sign this Contract?You will be considered actively working if You are absent from work due to sabbatical, strike, or vacation, but will soon return to work. You will not b
