Guaranteed Asset Protection (GAP)*
Vehicle loan protection for what your auto insurance may not cover for a wrecked vehicle.
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. Guaranteed Asset Protection may reduce or even eliminate that shortfall in the
event your vehicle is deemed a total loss.
CRFCU GAP Downloadable brochure
Essential financial protection on your vehicle loan that helps you drive with confidence. Talk to a representative today about how we can help protect you from sudden out-of-pocket expenses with Guaranteed Asset Protection.
Debt Protection**
Life can take some unexpected turns. That’s why there’s Debt Protection.
If your life takes an unexpected turn, your family’s finances can be strained. But with Debt Protection, your loan payments or balance may be canceled, up to the contract maximums, in case of involuntary unemployment, disability, or death. It’s just one more way you can look out for the people you love.
• Involuntary Unemployment
• Disability
• Death
Take an important step toward financial security. Ask us about Debt Protection today.
*DisclosureYour purchase of MEMBERS CHOICETM Guaranteed Asset Protection (GAP) is optional and will not affect your loanapplication 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 readthe contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increasethe cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a f ull refund of anyfee paid.GAP purchase from state chartered credit unions in FL, GA, IA, RI, UT, VT, and WI, may be with or without a refundprovision. 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 andreceive 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 arefund provision, you may cancel at any time during the loan and receive a refund of the unearned fee.Unique ID & CopyrightGAP-3415626.1-0121-0423 CUNA Mutual Group ©2021, All Rights Reserved.
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Your purchase of [Debt Protection Program Name] 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 Program Name]. 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.Unique ID & Copyright DP-3415586.1-0121-0423 CUNA Mutual Group ©2021, All Rights Reserved.