Evergreen Credit Union Blog

Debt Protection – Loan Products at Evergreen Credit Union

Dated: April 14, 2023

Protect yourself from the unexpected: job losses, disability, or death could have long lasting financial and emotional impacts for you and your family. Members with debt protection who experience a protected life event could have part or all their loan debt cancelled.

 

Life, Disability, and Unemployment

  • According to the Social Security Administration, more than 1 in 4 of today’s 20 year-olds will become disabled during their career
  • Disability and Involuntary Unemployment protection begins as early as 14 days after you are out of work
  • Three coverage tiers available, inquire for details

 

GAP (Guaranteed Asset Protection)

  •  Coverage for when your vehicle has been deemed as loss, but your remaining loan balance is more than your insurance settlement

 

Mechanical Repair Coverage

  • Reduce the burden of unexpected mechanical repairs
  • Includes benefits such as rental reimbursement, emergency roadside assistance, and is good at any authorized repair facility in the United States or Canada

 

If you need to file a claim, we are here to help. We can assist in the claim process Monday through Friday.

Pricing and coverage dependent on your specific products. Call us at (920)729-2999 to speak to a loan officer directly. Products offered through CUNA Mutual Holding Company. Information accurate as of April 14, 2023.

 

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