Credit Insurance Products

MEMBER’S CHOICE® Credit Disability Insurance is a voluntary coverage plan that helps make monthly loan payments, up to the maximum limit, should you become totally disabled, until you are no longer disabled. 

MEMBER’S CHOICE® Credit Life Insurance is a voluntary coverage that can help reduce or pay off your loan balance, up to the maximum limit, if you or your covered co-borrower pass away.

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, 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 MACCU loan representative, or refer to the Group Policy for a full explanation of the terms.  CDCL-1010952.1-0914-1016

GAP (Guaranteed Auto Protection)

If your vehicle is in an accident and is declared a total loss, the majority of insurance companies will only pay up to the book value of the vehicle. Since new cars drop in value the moment they leave the car lot, the book value is often less than the amount that is owed. If a car is wrecked the borrower is responsible for the difference of what the insurance company pays and what is owed on the car. GAP pays this amount for you if your vehicle is wrecked.

EXTRA BONUS: If you have to use GAP, it even gives you a $1,000.00 down payment on your next auto loan with Members Advantage Community Credit Union. First the loan is made and then it is submitted to our GAP provider who in turn sends a check for $1,000.00 to pay down on your loan.

GAP is available for Car, Truck, SUV, and Van loans. Motorcycles, RV's, and Boats are not eligible for GAP coverage. For more details and current pricing on GAP, please contact your MACCU loan representative.