Credit Life and Disability
Who will make your loan payments if you can't? That's a worry you won't have to face with credit life and disability insurance. If you die or become disabled due to a covered illness or accident, your loan payments may be reduced or paid off. Your premium will be included in your monthly loan payment, so there are no additional bills to worry about. You'll find that the rates are affordable, costing you only pennies a day. When you can't work because of a covered sickness or disability, you can rest easy knowing your benefits may be paid in addition to any other insurance or company protection you may have. Be sure to consider this protection the next time you apply for a loan.
GAP insurance is designed to protect members against financial loss in the event their vehicle is stolen or declared a total loss due to an insured peril. GAP pays the difference between the primary auto insurance carrier's settlement and the Protected Balance. The Protected Balance is the pay-off amount that is directly related to the purchase of the vehicle or the amount borrowed that is secured by the vehicle (subject to coverage limits). See a member service rep for details.
- Click here to see the loans that LVECU offers
- Click here for the CUNA Mutual Group credit life and disability coverage loan calculator