Loan Protection

Protection for What Matters Most

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Credit Life & Disability Insurance

Protect Your Family Against the Unexpected

At Indianhead Credit Union, we understand that life is full of unexpected twists. That’s why we offer Credit Life and Credit Disability Insurance – to help protect you, your family, and your finances when the unexpected happens.

Life is wonderful. But occasionally life gets complicated when things don’t go as planned. Protecting your loan payments against unforeseen disability and covered life events may save more than your finances. If could lighten the burden for the people you care about. Insure your loan payments today and worry less tomorrow.

What is Credit Life Insurance?

Credit Life Insurance is designed to help pay off or reduce your eligible loan balance in the event of your unexpected death. It helps protect your family from the burden of unpaid debt, giving them one less thing to worry about.

What is Credit Disability Insurance?

Credit Disability Insurance makes your loan payments (up to policy limits) if you become totally disabled due to a covered illness or injury and are unable to work.

Benefits:

Who Can Enroll?

Most members with eligible consumer loans – including auto loans or personal loans – can apply. Certain eligibility requirements and exclusions may apply.

Guaranteed Asset Protection (GAP)

Protect Your Vehicle Loan. Protect Your Wallet.

If your vehicle is totaled or stolen, your standard auto insurance might not cover the full amount you still own on your loan. That is where GAP (Guaranteed Asset Protection) comes in

GAP helps cover the difference between the actual cash value of the vehicle (primary insurance company settlement) and the outstanding loan balance at the time of loss.

Why You Might Need GAP Coverage

Benefits:

Extended Service Contract

Protect Yourself from Costly Repairs

Breakdowns are stressful. Paying for repairs doesn’t have to be. That’s why Indianhead Credit Union offers Extended Service Contracts through Vision Warranty Corporation – so you can protect your vehicle (and your budget) from unexpected repair costs after the factory warranty ends.

What Is an Extended Service Contract?

An Extended Service Contract helps cover the cost of certain mechanical repairs and breakdowns not covered by your vehicle’s original manufacturer warranty. It gives you peace of mind – and potential savings – as your vehicle ages.

Benefits:

Coverage Options Include:

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