|
| MEMBER’S CHOICE® Insurance |
|
|
Protect your loan with these MEMBER’S CHOICE® insurance products.
Payment Protection: Term Life and Disability
You can count on MEMBER’S CHOICE® term life and disability to step in when you and your family need help the most. Term Life reduces or pays off your covered loan balance should you die before paying it off. MEMBER’S CHOICE® Disability makes your monthly loan payment should you become disabled due to a covered illness or injury.
Guaranteed Asset Protection (GAP)
During the first year or two of your vehicle loan payments, it is likely that the amount you owe on your vehicle will exceed your vehicle's value. This value "gap" can cause you significant problems if your car is stolen or totaled. MEMBER’S CHOICE® GAP insurance helps you to "fill the value gap" by covering this difference.
Mechanical Repair Coverage (MRC)
For just a few dollars a month, MEMBER’S CHOICE® Mechanical Repair Coverage (MRC) can protect your vehicle, your family, and your credit rating from expenses that could total hundreds – or even thousands of dollars. MRC helps ensure that major repairs to your car are covered when the unexpected happens.
Ask your Loan Officer about our MEMBER’S CHOICE® insurance programs to find out more information.
This extended warranty coverage is provided by CUNA Mutual, who is an independant company. You may shop for a contract for this type of coverage from any number of such extended warranty companies.
|
|
