GAP with Deductible Assistance
Essential protection for your vehicle loan - and your finances
If your vehicle is deemed a total loss due to an accident or theft, you may wind up owing more on your loan than your auto insurance will cover. GAP (Guaranteed Asset Protection) Plus with Deductible Assistance1 may reduce or even eliminate that shortfall in the event your vehicle is deemed a total loss and may help reduce your next loan at the credit union, making it easier to get the replacement vehicle you’ll need.
Also, if auto repairs cost more than your deductible, the deductible amount is applied to your loan, reducing what you owe.
Ask us about adding GAP Coverage to your vehicle loan. You can use this Loan Calculator to estimate payments and loan terms with and without adding GAP coverage to your loan.
Credit Disability & Credit Life
Protect the things that matter most
Life can take some unexpected turns. That’s why there’s Credit Insurance3. Your loved ones come first, but if something were to happen to you, paying your debts could make a hard situation even tougher. Credit Disability and Credit Life Insurance may make your loan payments in the event of disability or death. It’s protection that can help a tough situation from getting worse.
Financial Protection that fits your needs:
• Easy application
• No medical exam required
• Customized to fit your needs and budget
• Cost included in your loan payment
• Completely voluntary
• Will not affect your loan approval
Enjoy the security that comes with being protected. Ask WBVFCU about Credit Disability and Credit Life today.
1 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-3395224.1-0121-0423 CUNA Mutual Group ©2021, All Rights Reserved.
2 Mechanical Repair Coverage is provided and administered by Consumer Program Administrators, Inc. in all states except CA, where coverage is offered as insurance by Virginia Surety Company, Inc., in NH, where coverage is provided and administered by Consumer Program Administrators, Inc. dba Consumer Warranty Program Administrators, in TX, where coverage is provided and administered by Consumer Program Administrators, Inc. dba The Administrators of Consumer Programs (TX License #175), in FL and OK, where coverage is provided and administered by Automotive Warranty Services of Florida, Inc. (Florida License #60023 and Oklahoma License #44198051), and in WA, where coverage is provided by National Product Care Company and administered by Consumer Program Administrators, Inc., all located at 175 West Jackson Blvd., Chicago, Illinois 60604, 1-800-752-6265. This coverage is made available to you by CUNA Mutual Insurance Agency, Inc. Coverage varies by state. Replacement parts may be new, used, non-OEM or remanufactured. Be sure to read the Vehicle Service Contract or the Insurance Policy, which will explain the exact terms, conditions, and exclusions of this voluntary product.
MRC-3395050.2-0921-1023 CUNA Mutual Group ©2021, All Rights Reserved.
3 CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Your purchase of MEMBER’S CHOICE® Credit Life and Credit Disability Insurance, underwritten by CMFG Life Insurance Company (Home Office: Waverly, IA), 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 Group Policy for full explanation of the terms. Base Policy Nos. CI-MP-POL, CI-SP-POL, B3a-830-0996, B3a-800-0695, B3a-800-0288, CI-MP-CE-POL; CI-MP-OE-CC-POL; CI-MP-OE-POL; B3a-800-0992.
CDCL-3415605.1-0121-0423 CUNA Mutual Group ©2021, All Rights Reserved