To help furloughed Federal employees, CapEd is offering financial assistance to our members. Learn more about the options available.
To help furloughed Federal employees, CapEd is offering financial assistance to our members. Learn more about the options available.
To help furloughed Federal employees, CapEd is offering...
Debt protection may cancel your loan balance (up to the contract limits) or monthly loan payment without penalty or added interest due to an unexpected event. You can select the optional plan that will support your family's financial protection needs.
Protect What Matters
Life is unpredictable. There are a wide range of unexpected events that could leave you and your family scrambling to pay monthly bills. In the event of death, sickness, injury, or unemployment, you wouldn't want your family to worry about making your loan payments.
With Debt Protection, your loan balance or monthly loan payments may be canceled without penalty or added interest.
- In the event of death, it cancels the remaining loan balance up to a maximum in the contract.
- If you become sick or injured, it cancels up to a maximum number of loan payments based on the contract.
- If you are involuntarily unemployed, it cancels up to a maximum number of loan payments based on the contract.
Click, Call, or Come In to Apply
Easily apply online for a loan, call us, or find a CapEd location to apply in person.
File or Check Your Claim
If you need to file a new Debt Protection claim or check the status of an existing one, please use our secure online Claims Portal. Simply click below to begin the process.
File a ClaimQuestions?
Disclosures
All loans are subject to approval. Rates listed are base rates. Rates, terms, and conditions may change without notice and may vary based on creditworthiness, qualifications, loan amounts, and collateral conditions.
This product is optional
Your purchase of debt protection is optional. Whether or not you purchase this product will not affect your application for credit or the terms of any existing credit agreement you have with us.
Additional disclosures
We will give you additional information before you are required to pay for debt protection. This information will include a copy of the contract containing the terms and conditions of debt protection.
Eligibility requirements, conditions and exclusions
There are eligibility requirements, conditions and exclusions that could prevent you from receiving debt protection benefits. You should carefully read your debt protection contract for a full explanation of the terms and conditions of the debt protection program.
The Contractual Liability Policy is issued by Securian Casualty Company, a New York authorized insurer. Minnesota Life Insurance Company acts as the administrator of the debt protection program. Product availability and features may vary by state.
Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries. Minnesota Life Insurance Company is a subsidiary of Securian Financial Group, Inc.
