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Insurance Services

We believe in preparing for the unexpected.

Life can bring you many unexpected twists and turns. That's why we offer a variety of insurance services to help you safeguard the things that you hold most valuable.

Extended Warranty  |  Life & Disability Insurance  |  Guaranteed Asset Protection


Mechanical Repair Coverage (MRC)
Mechanical Repair Coverage is a high-quality, comprehensive coverage that provides repair cost protection beyond the manufacturer's warranty on new or used vehicles financed by the Credit Union. Compare this coverage to dealer programs to see that you can save money while receiving a flexible, easy-to-understand, less expensive coverage. Mechanical Repair Coverage offers:

• Three plans to choose from for price and protection level
• Flexible term and mileage options ranging from 12 to 84 months and 12,000 to 100,000 miles
• Choice of $0, $100, or $250 deductibles
• Competitive pricing as compared to dealer and non-dealer programs
• Hassle-free claim payments directly to repair facility

Extra Benefits include:
• Rental car and towing reimbursement
• Emergency travel expense reimbursement
• 24-hour, toll-free roadside assistance
• Use of any authorized and licensed repair facility in the U.S. and Canada
• One low deductible per visit
• No limit on the number of claims paid


Life & Disability Insurance
For your protection, we make available optional Term Life and Disability Insurance for loans through CMFG Life Insurance Company. The cost is less than you might pay for similar insurance elsewhere. You can choose one or both types of coverage for loans and lines of credit except for first mortgages.

What is Credit Life Protection for loans?
Credit Life Protection generally will pay off a loan up to the insurance contract limit if the borrower dies before the loan is repaid.

What is Credit Disability Protection for loans?
Credit Disability Insurance generally makes payments up to the insurance contract limit if the borrower becomes disabled due to a covered accident or illness. You must work a minimum of 25 hours per week to select this coverage.


Guaranteed Asset Protection (GAP)
If your vehicle is stolen or totaled in an accident, your insurance company will cover only the replacement value. In the first few years of owning a vehicle, the balance on your loan could be more than the value of the vehicle. This insurance is designed to cover the difference between the insurance settlement and the loan balance. With GAP, you can protect yourself from financial loss, protect your credit rating and afford peace of mind. GAP Coverage:

• Protects for the term of the loan
• Covers vehicles valued up to $100,000 at the time of purchase
• Pays benefits up to $50,000
• Covers insurance deductibles up to $1,000
• Benefits for new or used vehicles, including cars, light trucks, motorcycles and some other motorized vehicles

Learn more »

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May Involve Investment Risk and Loss of Principal
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