Issue link: http://www.epageflip.net/i/884394
AUTO LOANS AACreditUnion.org | | 39 As most car repairs occur after the manufac- turer's warranty expires and members are keep- ing their cars longer, without a Vehicle Service Agreement (VSA) you may wind up paying for all repairs. Extended coverage for auto repair has become a necessity. So we've partnered with Intercontinen- tal Warranty Services to provide you with the protection you need for your new or eligible pre-owned vehicle. S O M E O F T H E M A N Y B E N E F I T S • $0 or low deductible options • Towing $100 (max per claim) • Car rental up to $500 (10 days) • Nationwide protection • Trip interruption $100/day (max $300) • Increased vehicle resale value • Roadside assistance — $80 per incident (except in Puerto Rico) • May be added to your vehicle at any time N E W P R O G R A M S • Accidental Loss Refund* — optional coverage to protect against collision or acts of nature only • KeyGuard* — optional coverage for key/ transponder replacement • Business Use — coverage for eligible business uses (surcharge applies) Extended vehicle warranty L I F E I S F U L L O F T H E U N E X P E C T E D You can't predict or prevent a debilitating or life- threatening event. But you can prepare for it. That's what Credit Life and Credit Disability Insurance** are all about — they help protect our members and their families from the fi nancial burden that comes when illness, injury or accidents occur. P R OT E C T I N G M E M B E R S F O R M O R E T H A N 8 0 Y E A R S The fi rst federally chartered credit unions began in 1934. Early credit union leaders found it disheartening when a member took out a loan and then died or became disabled, and a family member or cosigner would be responsible for the balance of the loan. Leaders of the credit union movement felt that insurance was as fundamental as savings and credit, and they believed the movement should supply its own insurance. So, in 1935, CUNA Mutual Insurance Society was formed and began off ering credit insurance. G UA R A N T E E D A S S E T P R OT E C T I O N ( G A P ) Guaranteed Asset Protection (GAP) is a low-cost coverage that pays the potentially high-cost dif- ference between your insurance settlement and your loan balance. It's available on auto, water- craft, powersports and recreational vehicles. MEMBERS CHOICE Guaranteed Asset Protection may vary by state and then by credit union. ** A separate insurance election that discloses the terms and conditions must be signed for coverage to become eff ective. Credit Life and Credit Disability from CUNA Mutual Value-Added Benefi ts Mechanical breakdown insurance is available in Alaska, Maine, Massachusetts, Oregon and California. * Not available in Puerto Rico. FACT: Eight of 10 members who buy a VSA end up using it.