PREMIER Credit Protection is an optional Payment Protection Plan for your First PREMIER Bank credit card. Your monthly minimum payment, as of the date the protected event began, may be covered if you experience a qualifying event such as Involuntary Unemployment, Disability, Unpaid Family Leave, and Hospitalization. If you are not currently employed, such as if you are retired, you may not be eligible for Disability, Unpaid Family Leave, or Involuntary Unemployment protection. The cost of the program will not change if you become ineligible for some of the protection. PREMIER Credit Protection may also cover your full account balance in the event of your Loss of Life.
PREMIER Credit Protection is not required to obtain credit. We will give you additional information before it is too late to cancel without receiving a full refund of fees billed for PREMIER Credit Protection. This product is only $0.89 per $100 of your outstanding ending monthly balance each month.
If you choose to purchase coverage, we will send you the PREMIER Credit Protection contract via mail in a few days. Please carefully read the contract for a full explanation of eligibility requirements, as well as, conditions and exclusions that could prevent you from receiving benefits under PREMIER Credit Protection. If you’re not completely satisfied, you have 30 days after you receive your first monthly statement that includes PREMIER Credit Protection fees to cancel this program and receive a full refund of any PREMIER Credit Protection fees. You may cancel PREMIER Credit Protection at any time.