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Loan Protection Plans

Maintain peace of mind with optional insurance coverage for your loan.

Prepare For The Unexpected

Don’t let major car repairs or a job loss take you by surprise. Protect your financial obligations so you can maintain your peace of mind knowing you and your loved ones are taken care of in a time of need.

 

Debt Protection*

Protect your family against unexpected events that could leave you struggling to pay bills.

    • Protection for death, disability or involuntary unemployment
    • Available for eligible*** closed-end consumer loans

    Guaranteed Asset Protection (GAP) Plus**

    A little protection goes a long way - especially when your car doesn't outlive your loan payment. GAP can reduce or even eliminate the difference between the insurance payout and your remaining loan balance in the event your vehicle is stolen or deemed a total loss due to an accident.

    Plus, it helps you get into your next vehicle by reducing your next loan at the credit union.

    Extended Warranty***

    Avoid costly auto repairs with additional warranty term and mileage coverage on your new or pre-owned vehicle.

    • No deductible
    • 30 day money-back guarantee
    • Emergency roadside service

    Add Protection to Your Loan

    Loan protection plans can be added during the loan application process or to add a protection plan to a previously closed loan, please call 888.493.4328 or visit any branch location.

    Protection when it matters. We are here to help.

    In your time of need, our claims process is quick and easy. If you elected payment protection on your loan, you can use this convenient claims process to quickly and easily file your claim for any of the following Payment Protection Products: Life, Terminal Illness, Accidental Dismemberment, Hospitalization, Family Medical Leave, Loss of Life of a Dependent, Disability and Involuntary Unemployment.

    To begin, please click the link below to fill out a claim form. Be sure to use Chrome, Fox or Edge browser as the form will not work on Internet Explorer.

    If you prefer, call 800.621.6323 to begin the process and a CUNA Mutual Group Claims Specialist will guide you through the process.

     

    *See brochure for complete information. Claims subject to approval. Your purchase of Debt Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of Debt Protection. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid. DP, GAP-4322423.1-0222-0324

    CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Payment protection products include debt protection products available through the credit union.

    **Your purchase of MEMBERS CHOICETM Guaranteed Asset Protection (GAP) is optional and will not affect your loan application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid. 

    GAP purchase from state chartered credit unions in FL, GA, IA, UT, VT, and WI, may be with or without a refund provision. Prices of the refundable and non-refundable products are likely to differ. If you choose a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee. 

    GAP purchase from state chartered credit unions in CO, MO, or SC may be canceled at any time during the loan and receive a refund of the unearned fee. 

    GAP purchase from state chartered credit unions in IN may be without a refund provision. If the credit union offers a refund provision, you may cancel at any time during the loan and receive a refund of the unearned fee. 

    CUNA Mutual Group © GAP-4959684. 1-0922-1024

    ***This section is intended to provide basic information regarding Extended Warranty; complete terms and provisions are contained within each of the plans. Please ask us for more details about Extended Warranty. 

    Additional disclosures

    We will give you additional information before you are required to pay for any of our loan protection plans. This information will include a copy of the contract containing the terms and conditions of the loan protection.

    Eligibility requirements, conditions, and exclusions

    There are eligibility requirements, conditions and exclusions that could prevent you from receiving benefits. You should carefully read your contract for a full explanation of the terms and conditions of the protection program.