Common Contracts

1 similar Member’s Choice Borrower Security Contract contracts

THIS IS NOT A CONTRACT FOR INSURANCE
Member’s Choice Borrower Security Contract • March 23rd, 2007

OPTIONS YOU ELECT THE FOLLOWING OPTION:(check only one box) Full Loan Protection· Loss of Life· Disability· Involuntary Unemployment Standard Loan Protection· Loss of Life· Disability Basic Disability· Disability Basic Life· Loss of Life No Protection Program Fee: Cost per $100 of the Monthly Outstanding Loan Balance $0.467 $0.267 $0.206 $0.089 This Contract protects the first two Borrowers listed on the lending agreement. The protected Borrower (s) may not qualify for all benefits.NOTICES:*If the Outstanding Balance is greater than $50,000, the rate will not be applied to the amount that exceeds $50,000.The Contract contains certain terms, conditions and exclusions. Subject to those 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.ELIGIBILITY QUESTIONS:If electing Disability or Involutary Unemployment, You must answer Question 1.1. Ar

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