Loan Protection
Protect your loan and your financial future with Loan Protection products including: Credit Life and Disability Protection, Involuntary Unemployment Protection, GAP Insurance, and Vehicle Extended Service Agreements. Contact Endurance FCU’s loan department for more details on any of these loan protection products.
CREDIT LIFE AND DISABILITY PROTECTION
Life Protection will help reduce or pay off your loan if you die before the loan is repaid. Disability Protection will help make your loan payments if your income is lost due to a covered accident or illness. In both circumstances, the coverage is designed to help protect you and your family when help is needed most.
The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by your credit union.
INVOLUNTARY UNEMPLOYMENT PROTECTION
As the facts show, unemployment is occurring more now than in the past five years, potentially leaving you in a financial bind if you’re not prepared. An inadequate financial “safety net” can make bill and loan payments difficult to pay, causing delinquency, repossession and damage to your credit rating. All of this makes acquiring future credit more difficult. Member Choice Debt Protection protects your loan payment by canceling or postponing debt obligations when a protected life event like involuntary unemployment occurs. With Member Choice Debt Protection, fees are based on a group rate and you buy only enough protection to cover your loan balance, and that means you’ll have exactly the right amount of protection – no more, no less.
The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by your credit union.
VEHICLE EXTENDED SERVICE AGREEMENTS
Endurance FCU offers multiple levels of protection for new and pre-owned vehicles so you can enjoy worry-free motoring and avoid unexpected, costly repairs. With MPOWER+ Vehicle Protection you can protect yourself all in one place! MPOWER+ Vehicle Protection includes Major Mechanical Protection, Paintless Dent Protection, Road Hazard Tire Protection, Key Replacement Protection, Subsequent Damage and Total Loss Refunds. Get on the road to peace of mind with MPOWER+ Vehicle Protection! To view the vehicle extended service brochure options, click here.
The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by your credit union. Your purchase of a MPOWER+ Vehicle Protection, offered by SWBC and EFG Companies, is optional. Plans are available for most new and used domestic and imported vehicles. Speak to your service representative for vehicle eligibility criteria and more details. MPOWER+ Vehicle Protection is considered insurance coverage in some states.
GAP INSURANCE
Why take chances with the investment you have in your automobile? If your vehicle is declared a total loss, your car insurance doesn’t pay for everything. Your insurance company pays the actual cash value of the vehicle at the time of the loss-not what the vehicle is really worth to you. This deficiency, added to the amount of your deductible, loss of time from work, rental car cost, replacement vehicle, and other expenses, can easily be thousands of dollars. Endurance FCU offers GAP insurance to cover this type of loss. For more information review the GAP Brochure or contact the Endurance FCU loan department.
The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by your credit union.
Membership eligibility required on all Loan Protection products.