Debt is a reality for many Americans—whether it's a car loan, mortgage, credit card, or personal loan. But what happens to those debts if you're suddenly unable to make payments due to unexpected events like disability, unemployment, or even death? That's where Debt Protection comes into play.

Debt Protection is a financial product often offered by lenders, credit unions, and insurance providers. It’s designed to cancel or suspend your loan payments in certain situations, such as:

Job loss Disability Critical illness Death

This type of coverage ensures your loved ones aren’t burdened by your financial obligations during tough times.

When you enroll in a debt protection plan, you pay a monthly fee that’s typically added to your loan payment. If a qualifying event occurs, the provider either cancels the debt or makes the payments for a set period—depending on the agreement.

Auto loans – Protect your vehicle from repossession. Credit cards – Minimize interest build-up during unemployment or disability. Mortgages – Help keep your family in their home if the unexpected happens.

Life is unpredictable, and having a safety net can mean the difference between stability and financial strain. Debt Protection can:

Safeguard your credit score Ease financial pressure on family members Provide peace of mind in uncertain times

Not exactly. Debt Protection is not a traditional insurance policy, but it works similarly. Instead of paying out a lump sum like life or disability insurance , it directly affects your loan—either pausing or erasing payments under certain conditions.

However, pairing debt protection with life insurance, disability insurance, or credit insurance provides a more comprehensive safety net.

Whether you live in Tempe , Phoenix , Scottsdale , Tucson , Gilbert , or Chandler , it’s crucial to review your loan agreements and financial protection options. At Riseson Insurance , we help Arizona families and businesses find coverage that matches their lifestyle and long-term goals.

Debt doesn’t have to be a burden. Reach out to Riseson Insurance in Tempe to explore your debt protection and insurance options. Call us today at 602-460-5470 for a personalized quote and guidance you can trust.

What Is Debt Protection?

How It Works

Common Uses:

Why Debt Protection Matters

Is It the Same as Insurance?

Local Help When You Need It

Ready to Protect Your Finances?

• Job loss
• Disability
• Critical illness
• Death

• Auto loans – Protect your vehicle from repossession.
• Credit cards – Minimize interest build-up during unemployment or disability.
• Mortgages – Help keep your family in their home if the unexpected happens.

• Safeguard your credit score
• Ease financial pressure on family members
• Provide peace of mind in uncertain times