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.


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.


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.

To view the vehicle extended service brochure options, click on the brochure link below that you would like to view: 


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.