Insurance & Loan Protections
There’s nothing like the feeling that you can handle anything that comes your way, and TruStage Insurance helps you get there. They’re made available through the companies of the CUNA Mutual Group and Liberty Mutual, working with America’s credit unions and credit union members like you since 1935. We’re committed to providing insurance and investment products that make sense for you, your life, and your budget. And we’re always here to help.
Accidental Death & Dismemberment Insurance
Financial hardship is one thing your family doesn’t need to worry about if unexpected death should occur. AD&D insures you if you lose your life or a limb in an accident.
For an affordable rate, you can get up to $300,000 of protection. No medical exams are required and coverage is guaranteed as long as premiums are paid. In addition, AD&D provides the following benefits:
- Affordable premiums
- Family plans that insure you, your spouse and children
- Double benefit payment for covered loss while a passenger on public transportation
- Built-in inflation protection
- College funding assistance when a covered accident occurs
- Coverage if you lose a limb, your sight or hearing in an accident
TruStage™ is the marketing brand for Accidental Death & Dismemberment Insurance issued by CMFG Life Insurance Company aka CUNA Mutual Insurance Society, Waverly, IA. The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by credit unions.
Vehicles often depreciate rapidly and vehicle loan terms have typically been increasing in duration. GAP Plus will help cancel the difference between the primary insurance settlement and what you may still owe on your vehicle loan. In addition, if your vehicle is stolen or totaled in an accident, it will cancel $1,000 of your next loan with South Texas FCU, when you purchase a replacement vehicle within 60 days of your primary insurance settlement. GAP Plus helps you prepare for the unexpected.
GAP coverage through us costs much less than buying it through auto dealers.
Mechanical Repair Coverage
Mechanical Repair Coverage (MRC) can help cover the unexpected costs of parts and labor and can help keep your vehicle on the road longer. If you’re planning to keep your vehicle beyond the manufacturer’s warranty, it could be the right way to go. Our MRC plans also come with additional benefits that include rental reimbursement, 24 hour emergency roadside assistance and travel expense reimbursement.
When you open a loan with us, you can opt for Credit Disability and/or Credit Life Protection. If something were to happen to you, your family doesn’t need additional worry about how to pay your debts. Credit Disability and Credit Life Insurance may help make your loan payments in the event of disability or death. Which means an easier time for the people you love.
Financial Protection that fits your needs:
- Easy application
- No medical exam required
- Customized to fit your needs and budget
- Cost included in your loan payment
- Completely voluntary
- Will not affect your loan approval
Disclosure: CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Your purchase of MEMBER’S CHOICE® Credit Life and Credit Disability Insurance, underwritten by CMFG Life Insurance Company (Home Office: Waverly, IA), is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative or refer to the Group Policy for full explanation of the terms. Base Policy Nos. CI-MP-POL, CI-SP-POL, B3a-830-0996, B3a-800-0695, B3a-800-0288, CI-MP-CE-POL; CI-MPOE-CC-POL; CI-MP-OE-POL; B3a-800-0992.