Loan Protection Plans

Search

701 W. 18th St.
Antioch, CA 94509

P.O. Box 2566
Antioch, CA 94531

925-757-0237

Loan Protection Plans

Payment Protection Insurance
Could you make the payments on your loan if you were disabled and only receiving Disability Payments from your employer?
Disability Insurance usually equals about 66% of your income.

What if your Credit Union loan payments were paid for you?
With these payments made, that 66% would be much more likely to cover your other living costs. The low-cost Disability Protection may be applied to you or your co-applicant.

The Life Insurance for the balance owing on your loan may even be issued to you, your co-applicant or both. The premiums may be added to your monthly payment OR the term of your loan can be extended and the payments remain the same as they would be without the insurance. For more information on this or other Loan Protection Plans, contact your Loan Service Partner at loanservices@asfcu.org

MBP (Mechanical Breakdown Protection)
If you are considering an extended warranty, before you decide, ask us for a quote on our MBP for your covered auto repairs, with as low as $25 deductible. We have seen our members save hundreds, sometimes even more by getting the MBP offered by the Credit Union instead of the dealer�s extended warranty.

Guaranteed Auto Protection (GAP)
How much of your car�s loan balance is uninsured?
$20,000 Your Loan Balance
-18,000 Your Insurance Paid
$2,000 Deficit
PAID IN FULL + WITH GAPIf your vehicle is totaled or stolen, your primary auto insurance may NOT pay off your loan! Most insurance settlements are based on ACV � Actual Cash Value, which is usually low Blue Book! You could end up having to pay the difference between the insurance settlement and what you owe on a vehicle you no longer have!
GAP insurance may cover the difference between your primary insurance settlement and the pay-off of your loan!
+PLUS+ an additional $1,000 towards your replacement vehicle if you return to the Credit Union for your financing! All this for a one-time fee of $249, which can be included in your loan!