Help protect more members with integrated payment protection
Interested in learning more?
A seamless digital experience
Dynamic content explaining the benefits of adding payment protection to a loan is now available to integrate with several mainstream loan application systems. This integration enables payment protection product information and a provisional quote to be offered seamlessly as part of the member’s digital loan application.
The consumer-tested design, built and rigorously piloted alongside credit unions, has over 40% of members engaging with payment protection products.1
Benefits for credit unions:
-
Grow with purpose by embedding complied advertising about protection products along with a provisional quote into your loan application workflow.
-
Help gain warm leads, increase your non-interest income and reduce risk by informing more members about protection from the unexpected.
-
Equal investment is made in advancing our solutions and educating your members and staff, so everyone understands the value of the protection products you offer.
-
TruStage is built on 85+ years of experience, and our proprietary data and consumer research helps us develop adaptable products and services to meet most members where they are on their financial journey. We continue to test and learn and automatically add new enhancements that provide members with more information to help make informed decisions.
Our payment protection products
- Debt Protection
Manage risk and help protect against the unexpected.
Learn more - Credit Insurance
Comprehensive loan protection from unexpected covered life events.
Learn more - GAP
Reduce loan loss if a protected vehicle is a total loss.
Learn more - Mechanical Repair Coverage
Protect your members from unexpected covered vehicle repairs.
Learn more
Benefits for members:
-
Options for payment protection products are personalized and include a provisional quote when it’s more likely to improve engagement. This helps encourage consumers to learn more about products that fit their needs.
-
Content explains the key features, benefits and terms of payment protection products, and specific plan options they may not be aware of in a clear and concise way.
-
An integrated platform allows consumers to apply for a loan and learn about payment protection while also getting a sense of cost earlier in their journey. This optimized approach maximizes captive interest without distractions during the loan application process.
-
With the right tools and advertising about payment protection, consumers may borrow confidently knowing their loan could be protected against unexpected life events.
Our integration partners
Payment protection information now easily integrates into a growing list of widely used loan application systems, including our own TruStage Digital Storefront, TruStage Loan Application and the following partners.
|
|
|
|
How it works
Learn how to set up the integration with guided walkthroughs for MeridianLink, Sync1, Temenos Virtual Capture and WithClutch.
Watch the video
Get in touch
Connect with a team member to discuss how our payment protection integration could benefit you and your members.
