Loan Protection Plans

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Mailing Address
P.O. Box 2566
Antioch, CA 94531

Main Branch
701 W. 18th St.
Antioch, CA 94509

Lone Tree Branch
5123 Lone Tree Way
Antioch, CA 94531

925-757-0237

Payment Protection Plans

THREE STEPS TO GREATER SECURITY

What is MEMBER’S CHOICE Credit

Disability and Credit Life Insurance?

It’s a way to help cover you and your family. There’s no way anyone can

prepare for an injury, medical-related illness or an unexpected death,

but you can take steps along the way to make sure your family is

provided for if the unforeseen were to happen. MEMBER’S CHOICE

Credit Disability and Credit Life Insurance helps pay your loan so you

or your loved ones don’t have to.

How does it work?

The premium is included in your monthly payment. If you have a

balance on your loan and are totally disabled due to injury, become

ill, or in the event of an unexpected death, MEMBER’S CHOICE

Credit Disability and Credit Life Insurance, can help. By taking a few

simple steps while signing your loan paperwork, you’re helping take

responsibility for your family’s financial future. Your loan officer can

show you how. You won’t receive extra bills or statements; everything

is included in your monthly payment.

You can cancel within the first 30 days for a full refund. Or any time

after that if you change your mind. If at any point you have questions,

or if your family needs to file a claim, simply contact your credit

union. Once you complete the loan documents, coverage begins for

eligible borrowers.

Why is it valuable ?

MEMBER’S CHOICE Credit Disability and Credit Life Insurance works

in two different ways. You and your family won’t have to make loan

payments if you’re totally disabled due to an injury or medically ill. It

will help pay your loan until you’re fully recovered, or in the event of an

unexpected death, it will pay off the loan.* Savings, salary, or payoffs

from other life insurance may be protected, giving your family financial

freedom when they need it most.

*For terms of your contract agreement; up to your policy maximum.

MBP (Mechanical Breakdown Protection)
If you are considering an extended warranty, before you decide, ask us for a quote on our MBP for your covered auto repairs, with as low as $25 deductible. We have seen our members save hundreds, sometimes even more by getting the MBP offered by the Credit Union instead of the dealer’s extended warranty.

Guaranteed Auto Protection (GAP)

How much of your car’s loan balance is uninsured?
$20,000 Your Loan Balance
-18,000 Your Insurance Paid
$2,000 Deficit
PAID IN FULL + WITH GAP

If your vehicle is totaled or stolen, your primary auto insurance may NOT pay off your loan! Most insurance settlements are based on ACV – Actual Cash Value, which is usually low Blue Book! You could end up having to pay the difference between the insurance settlement and what you owe on a vehicle you no longer have!
GAP insurance may cover the difference between your primary insurance settlement and the pay-off of your loan!
+PLUS+ an additional $1,000 towards your replacement vehicle if you return to the Credit Union for your financing! All this for a one-time fee of $259, which can be included in your loan!