Payment Protection

Taking out a loan at Hiway for a new car, a new boat or a vacation means one of your dreams is about to come true. But what happens to your dream when the unexpected hits?

Safeguard Your Loan With Payment Protection

Payment Protection may cancel or waive your eligible loan balance, according to the contract terms and maximums, should you die before paying off your loan.

In addition, if you become disabled or become involuntarily unemployed, Payment Protection may cancel or waive your monthly loan payment, according to the contract terms and maximums.

Protection Plans
Available for:

Consumer Loans
Visa® Credit Cards
Package OptionsLifeDisabilityInvoluntary
Life OnlyX  
Payment ProtectionXX 
Payment Protection PlusXXX

Additional Benefits Include:

  • Protects up to 2 borrowers per loan
  • Fast, easy enrollment
  • Immediate protection for eligible borrowers
  • Convenient—fee is included in your loan payment

Get Your Free Quote

Your purchase of Payment Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of Payment Protection. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.