Debt Cancellation Program

Outstanding non-interest income generator which provides peace of mind for your borrowers

Debt Cancellation is an excellent alternative to credit insurance. It allows for the sale of a payment protection-like product to your borrowers; however, since it is not an insurance product, it can be sold without restrictive regulations or additional licensing.

With our flexible options, you can create a program to offer your borrowers protection for death and disability, as well as hassle-free protection against other real life events that may occur during the term of the loan such as job losses and unpaid family leave. This versatile program lets you offer full term or critical period coverage to your borrowers at a price you determine based on their needs.

With SWBC as your Debt Cancellation partner, you will receive the personal service and support you need to ensure your program is a success.

  • Innovative UNITY® technology for enhanced sales opportunities
  • On-staff product experts
  • Interactive training and performance programs

Contact us or call 1-866-252-1920 today to learn more about Debt Cancellation, our outstanding payment protection program.