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.
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.
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.
Most members with eligible consumer loans – including auto loans or personal loans – can apply. Certain eligibility requirements and exclusions may apply.
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.
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.
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.
Federally Insured by NCUA and an Equal Housing Lender. We do business in accordance with the Fair Housing and Equal Credit Opportunity Act. NMLS #464571
*APR = Annual Percentage Rate. Rate based on creditworthiness and term of loan.
**APY = Annual Percentage Yield. Rates are subject to change at any time and are not guaranteed.
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