LOAN PROTECTION
YOUR PEACE OF MIND
IS OUR TOP PRIORITY
East Idaho Credit Union’s Guaranteed Asset Protection Plus (GAP Plus) is a way to help protect your vehicle loan. Many times primary auto insurance settlements don’t pay off your loan balance. When you buy a new or used vehicle, there’s no way to know if it will be stolen or totaled in an accident. With GAP Plus, you’re protecting your vehicle against a possible financial loss.
Fill the gap between the depreciated value of your vehicle and the remaining balance of your loan with EICU’s GAP Plus.
| Auto | Small RV | RV | Watercraft | |
|---|---|---|---|---|
| Maximum Benefit | $50,000 | $50,000 | $50,000 | $50,000 |
| Maximum Loan to Value | 125% | 125% | 125% | 125% |
| Maximum Loan Term | 84 Months | 84 Months | 144 Months | 144 Months |
| Maximum Loan Amount | $100,000 | $100,000 | $125,000 | $50,000 |
Mechancial Breakdown Protection (MBP) is a complete line of coverage designed to keep your vehicle on the road. Even the most reliable vehicle can develop a mechanical problem, that’s why so many people depend on MBP.
| Ultimate Guard | Preferred Guard | Classic Guard | |
|---|---|---|---|
| New Coverage Terms | Up to 8 Years & 125k Miles | N/A | N/A |
| Used Coverage Terms | Up to 48 Months/48k Miles | Up to 24 Months/48k Miles | 24 month/24k miles, 36 month/36k miles |
| Deductibles | Up to $100 | Up to $100 | Up to $100 |
| Consequential Damage, Sales Tax, Fluids, Diagnostics | Authorized on all covered failures. | Authorized on all covered failures. | Authorized on all covered failures. |
| Luxury Electronics | Included
Included GPS, NAV, internet access systems, back-up cameras, phone. |
Optional
GPS, NAV, internet access systems, back-up cameras, phone. Surcharge applies |
N/A |
| Commercial Use | Surcharge applies | Surcharge applies | Surcharge applies |
| Lifted Vehicle | Surcharge applies | Surcharge applies | Surcharge applies |
CREDIT LIFE PROTECTION
There’s no way your family can predict your unexpected death, but you can take steps along the way to make sure your family is provided for if the unexpected occurs. Credit Life Protection may help pay your loan, so your loved ones don’t have to.*
*Up to your policy maximums: per terms and conditions and exclusions on your Credit Protection Certificate.
CREDIT DISABILITY PROTECTION
There’s no way anyone can predict a total disability due to injury or an illness, but you can take steps along the way to make sure your family is provided for if the unforeseen were to happen. East Idaho Credit Union’s Credit Disability Protection may help make your loan payment when you and your family need it most.*
*Up to your policy maximums: per terms and conditions and exclusions on your Credit Protection Certificate.