Help protect borrowers, strengthen your lending strategy
TruStage™ Payment Guard Advantage Insurance works across multiple loan types to help create stability for individual borrowers and boost confidence for lenders.
A smart, simple way to help protect borrowers
Payment Guard Advantage is a consumer-paid payment protection product designed to help borrowers protect their payments in the event of covered job loss or disability — and it helps lenders deliver payment protection that complements existing products.
Coverage is owned by the borrower, so it moves with them instead of ending when a loan does. The digital application is designed to be simple and quick, with real-time pricing and instant approval in most cases. It's one way to help protect borrowers, build trust and reduce risk — all with less work for the lender.
Learn about individual payment protection
Built for digital lending, Payment Guard Advantage is designed to help reduce borrower financial strain when life takes an unexpected turn — and is designed to help lenders reduce risk, strengthen relationships and build long-term trust.
Learn moreHow Payment Guard Advantage protects your borrowers — and your business
Payment Guard Advantage combines meaningful borrower payment protection with measurable business benefits — helping you grow stronger, more trusted relationships while driving financial performance.
TruStage Payment Guard Advantage helps:
When borrowers choose Payment Guard Advantage, they gain a financial safety net that is designed to help them stay current on payments during income disruptions. This reduces delinquencies and charge-offs, helping to protect your bottom line.
Offering payment protection shows borrowers you care about their financial health, especially during job loss or disability. That trust deepens relationships and drives long-term loyalty.
Payment Guard Advantage coverage is independent of the loan and owned by the borrower. That means it adds long-term value for your borrowers, because they retain the protection even as loans change hands.
Payment Guard Advantage is consumer-paid and designed to be affordable, creating a new revenue stream without increasing lending risk. Borrowers see real value, and your institution benefits from sustainable noninterest income.
Borrowers can view multiple protection options and real-time pricing and make instant selections, all within your digital lending flow. This elevates your borrower experience and reinforces your brand as modern and responsive.
TruStage handles your borrowers' claims, while providing you with business marketing support and tools. Through your partnership with TruStage, you get to make protection available to your borrows with minimal lift, and your borrowers get a trusted experience from a 90-year-old insurance company.
One borrower's experience: Real protection for real people
According to a 2025 TruStage Consumer Preference Study, 91% of borrowers worry that an unexpected event could impact their ability to make loan payments. When that happens, they need support that's simple, fast and reliable, not more stress and confusion.
Consider this borrower's story. After experiencing two car accidents in one week, she couldn't return to work for months and was overwhelmed by the thought of missing payments. With TruStage Payment Guard Insurance helping her make payments, she was able to focus on her recovery instead of worrying about how to stay afloat.*
That's the heart of this coverage — a seamless protection product for life's what-ifs. It helps people stay financially steady when life doesn't go according to plan.
Let's connectHow Payment Guard Advantage works
Payment Guard Advantage is a stand-alone, consumer-paid protection product designed to help borrowers stay financially resilient during unexpected events like job loss or disability. Whether integrated directly into your loan process or offered post-loan, Payment Guard Advantage helps provide borrowers with peace of mind while giving lenders a flexible solution that fits your tech stack. TruStage handles claims and administration, so you can focus on delivering value without adding operational burden.
For lenders
1. Choose how you want to integrate
From plug and play to full control, our range of integration options fit your team's capacity and tech stack.
2. Pick coverage options
You select the default options for involuntary job loss and disability coverage. Then your borrowers can personalize it to fit their needs, giving them choice and control.
3. Launch in your loan process
You're not alone; TruStage supports your rollout with marketing tools and borrower education, inside and outside the loan flow.
For borrowers
1. Pick the coverage that fits
Borrowers get to elect Payment Guard Advantage and choose the benefit amount they need — all while seeing real-time pricing before they enroll.
2. Enroll in a few clicks
Borrowers simply fill in their contact and billing information and then sign electronically. It's designed to be fast and easy.
3. Get instant coverage
In most cases, coverage is approved immediately and begins on day one. (New covered losses that occur after the waiting period would be eligible for benefits.)
Seamless integration built for your systems
Whether you're a bank working within established systems or a fintech looking to move fast, TruStage Payment Guard Advantage is designed to fit into your existing lending ecosystem — not disrupt it.
Built for financial institutions, Payment Guard Advantage offers a scalable, API-first solution that connects easily to existing systems. The result: quick implementation, minimal development needs and seamless integration.
There are three paths to integration:
- Simple path: Add payment protection with minimal setup; simply link to TruStage.
- Application path: Use our plug-and-play widget, great when customization isn't a priority.
- Full integration: Connect through our API for complete flexibility and automation.
