The credit union has the following insurance products, which are available to our membership.
When a loan is borrowed from the credit union, you have the opportunity to purchase credit life and credit disability insurance on your new loan. The credit life insurance would pay off your loan balance in the event of your death. Credit disability insurance will make your loan monthly payment if you are disabled and cannot work. Some restriction apply, speak to a loan officer for more details.
Every member of the credit union has the opportunity to enroll in $1,000 coverage at no cost. Additional insurance coverage is available up to $250,000 at very reasonable premiums.
Liberty Mutual Insurance provides this insurance coverage. Members auto insurance doesn’t just apply to automobiles. Coverage can also be written on motorcycles, motor homes, recreational vehicles, and more. The homeowners coverage is available for single –family homes, condominiums, renters, mobile homes, vacation homes, and boats and motors.
With Members Auto and Homeowners Insurance, you can save just for being a credit union member. And you may also qualify for a number of other discounts that could save you hundreds of dollars on insurance. Simply call toll-free 1-888-380-9287 (mention key code 0533) for a free price quote.
The credit union offers an extended auto warranty program for new and used vehicles, at a fraction of the cost you would pay at an auto dealership. No matter where you travel in the United States, our warranty protects you against major mechanical expenses, and there is NO DEDUCIBLE on covered parts and labor. In addition, all of our plans come with 24 hour/7 days a week Emergency Road Service.
Check out the details at www.route66warranty.com.
Most cars depreciate by thousands of dollars as soon as they are purchased. Unfortunately, if your vehicle is stolen, accidentally damaged beyond repair, or declared as a total loss, you are still liable to pay the difference, between your insurer’s settlement and your loan balance. That gap will come out of your pocket for a vehicle that, for all practical purposes, no longer exists.
Guaranteed Asset Protection (GAP) Insurance could save you thousands of dollars. GAP is low cost insurance coverage that pays the potentially high cost difference between your insurance settlement and your loan balance on items directly related to the purchase of your vehicle.
The credit union offers this insurance coverage at a very low rate. Contact a loan officer for additional information.
