Protect your family against the unexpected.
Loan Insurance Products
GAP
WITH DEDUCTIBLE ASSISTANCE
If the unexpected happens, a wrecked vehicle can wreck your finances if you owe more on your loan than what the insurance company will pay. GAP (Guaranteed Asset Protection) with Deductible Assistance is like an airbag for your vehicle loan.
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Our GAP program may reduce or eliminate the gap between what your vehicle insurance will pay and what you owe on your loan, if your vehicle is deemed a total loss.
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Deductible Assistance is designed to provide financial relief when your vehicle is damaged, but not deemed a total loss. If auto repairs cost more than your deductible, the deductible amount up to $500.00 will be reimbursed to you.
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*Motor Vehicle (private passenger cars, vans and light trucks) and Powersport (motorcycles, ATVs, snowmobiles or personal watercraft): Maximum Benefit- $30,000. Maximum Loan to Value- 125%, Maximum Loan Term- 84 months, Maximum Loan Amount- $100,000.
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**The purchase of GAP with Deductible Assistance is optional and will not affect your application for credit or the terms of any agreement you have with us. Certain eligibility requirements, conditions and exclusions may apply. You will receive a GAP contact before you are required to pay for GAP. If you chose to add the GAP fee to your loan, this will increase the cost of GAP. You may cancel GAP at anytime, but will only receive a full refund of an fee paid if cancelled within 90 days. Current cost for GAP with Deductible Assistance is $375 one-time fee.
Credit Insurance
Credit Life & Disability
Who do you expect to pay your loans when the unexpected hits?
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Life can be wonderful, but it can also get complicated when unexpected things happen. Protecting your loan payments against unexpected disability and covered life events could protect more than your finances. It could help lighten the burden for the people you care about. Insure your loan payments today so you can worry less about tomorrow.
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Simple to apply
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Designed to fit your lifestyle
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Coverage that fits your loan
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Totally voluntary
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Won't affect your loan approval
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Sign up for credit insurance at your loan closing, or anytime you like
Credit Disability Insurance: Plan Type- 30 day/Retro; Maximum Monthly Benefit- $600; Total Benefit Maximum- $30,000; Maximum Issue Age- 70 Years; Termination Age- 70 Years.
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Credit Life Insurance: Total Benefit Maximum- $30,000; Maximum Issue Age- 70 Years; Termination Age- 70 Years.
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*Credit Life & Disability Insurance 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. Ask your loan officer for more information.
