Insurance Products

Credit Disability Insurance is an option for the primary borrower. You can choose this coverage for an added fee that may reimburse your loan payments if you are hurt or disabled during the term of the loan.

Credit Life Insurance is available for an added fee. This insurance extends partial or complete loan coverage in the event of death. (depending on loan balance) It can be purchased for single or joint life coverage.

Credit Disability and Credit Life Insurance are underwritten by CUNA Mutual Insurance Society. These products are voluntary and not required to obtain credit. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your MACCU loan representative, or refer to the Policy Agreement for a full explanation of the terms. CDCL-1010-4386

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.

Accidental Death and Dismemberment Insurance

Members Advantage Community Credit Union offers insurance coverage that pays a benefit when the policyholder dies or incurs a debilitating injury due to an accident.

Basic coverage ($5,000) is available free to all MACCU members age 18 and over, once they enroll. (Basic coverage is reduced to $2,500 for members age 70 and over.) Benefits are paid directly to the insured or beneficiary, and the policy remains in force for as long as the credit union membership is in force.

Additional coverage is available for purchase at affordable rates, for maximum affordability and peace of mind.

Contact a Member Service Representative for more information or call 1-877-MEMBERS.

Life Insurance

If you prefer to avoid a “one size fits all” approach to life insurance, then consider MEMBERS Financial Services. This comprehensive program of CUNA Mutual Insurance Society is designed to deliver high-quality, customized financial solutions exclusively for MACCU members. They offer both Term Life and Whole Life policies.

Contact a Member Service Representative for more information or call 1-877-MEMBERS.

Auto and Homeowners Insurance

If you prefer a comprehensive, affordable approach to your changing auto and homeowners insurance needs, then consider MEMBERS Financial Services. This insurance is provided by Liberty Mutual Insurance Company and made available to MACCU members by CUNA Mutual Group.