Insurance that protects your family, not the bank.
Don’t settle for protection that isn’t designed with your best interests in mind. Loan Protection from Harvard Western Insurance is an alternative to traditional Creditor Insurance and is superior in every way.
Connect & Win!
Request a meeting with one of our expert advisors by February 25th, and be automatically entered to win a $300 gift card to Peavey Mart!
Choose Loan Protection and enjoy the many benefits!
Our Loan Protection coverage is not a one-size-fits-all style policy. This translates to better coverage, and premiums that are, on average, 30-50% lower than traditional Creditor Insurance. We also give you the ability to lock in your rates, so you will not be faced with expensive increases down the road.
Creditor Insurance policies purchased from lenders are designed to protect the lender first and foremost – which is why they are the beneficiary. In the unfortunate event that you become injured, sick, or die, Loan Protection through Harvard Western Insurance pays the beneficiary that you have assigned.
Policies are underwritten at the time of application and not at the time of claim. This differs from Creditor Insurance, where you are underwritten only after you have suffered a claim. Unfortunately, this could result in finding out that you are not covered for what you thought – but you will not know until it’s too late.
Freedom to Go Wherever You Choose
If you decide to move your loan to a different financial institution, you will not be able to take your Creditor Insurance with you. This means you would have to reapply for coverage with the new lender. With Harvard Western Insurance, you are free to move your loan to any financial institution you choose without losing your coverage, and without leaving you vulnerable to coverage gaps while you get your new policy.
We are an insurance company, not a bank. This means that our employees are insurance experts who spend countless hours working to becoming licensed and keeping it.
Let’s protect what matters most to you.
For an honest, no-obligation review of your current coverage, connect with one of our expert advisors.