Loan Protection Options | Together Credit Union
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Loan Protection Options

Protect your investment – We've got you covered with a variety of insurance options.
GAP Insurance

GAP Insurance

Debt Protection

Debt Protection

Mechanical Repair Coverage

Mechanical Repair Coverage

Your Financial Well-Being Matters

Your financial well-being is important to us. If you have your auto loan with Together Credit Union, we can provide extra cushion during the difficult times.

GAP Plus1

Guaranteed Asset Protection (GAP) from Together Credit Union helps protect you if your car is totaled or stolen and the insurance payout is less than what you owe. Since vehicles can lose over 20% of their value in the first year, GAP covers the difference, so you're not stuck paying for a car you no longer have. Plus, GAP Plus can reduce your loan balance by $1,000 toward your next vehicle. Our Deductible Assistance feature also helps if your car is damaged but not totaled—covering your deductible amount and applying it to your loan balance. Stay protected with GAP!

Debt Protection2

Protect your financial well-being with Debt Protection Coverage from Together Credit Union. In the event of unexpected life changes—such as disability, involuntary unemployment, or death—Debt Protection can help cover your loan payments, reducing the financial burden on you and your family. With flexible plan options, you can choose coverage that fits your needs and provides peace of mind during challenging times. This coverage helps maintain your credit rating and protects your assets when the unexpected happens. Safeguard your future and keep your finances on track with Debt Protection Coverage.

Mechanical Repair Coverage3

Protect your vehicle from unexpected repair costs with Mechanical Repair Coverage (MRC) from Together Credit Union. MRC helps cover the cost of major mechanical breakdowns beyond your manufacturer’s warranty, including engine, transmission, and other essential systems. With various plan options, you can choose the coverage that best fits your needs. Benefits include 24/7 roadside assistance, rental reimbursement, and nationwide repair facility access. Plus, MRC is transferable if you sell your vehicle, adding value to your investment. Drive with confidence knowing you're protected from costly repairs—ask about MRC today!

Disclaimer

1 - Your purchase of MEMBER’S CHOICE™ Guaranteed Asset Protection (GAP), which includes deductible assistance, is optional and will not affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid. GAP purchased from state chartered credit unions in FL, GA, IA, RI, UT, VT, and WI, may be with or without a refund provision. Prices of the refundable and non-refundable products are likely to differ. If you choose a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee. GAP purchased from state chartered credit unions in CO, MO, or SC may be canceled at any time during the loan and receive a refund of the unearned fee. GAP purchased from state chartered credit unions in IN may be with or without a refund provision. If the credit union offers a refund provision, you may cancel at any time during the loan and receive a refund of the unearned fee.

2 - Your purchase of Debt Protection with Life Plus 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 Member Agreement for a full explanation of the terms of Debt Protection. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.

3 - Mechanical Repair Coverage is provided and administered by Consumer Program Administrators, Inc. in all states except CA, where coverage is offered as insurance by Virginia Surety Company, Inc., in WA, where coverage is provided by National Product Care Company and administered by Consumer Program Administrators, Inc., in FL, LA , and OK, where coverage is provided and administered by Automotive Warranty Services of Florida, Inc. (Florida License #60023 and Oklahoma License #44198051), all located at 175 West Jackson Blvd., Chicago, Illinois 60604, 800.752.6265. This coverage is made available to you by CUNA Mutual Insurance Agency, Inc. In CA, where Mechanical Repair Coverage is offered as insurance (form MBIP 08/16), it is underwritten by Virginia Surety Company, Inc. Coverage varies by state. Replacement parts may be used or remanufactured. Be sure to read the Vehicle Service Contract or the Insurance Policy, which will explain the exact terms, conditions, and exclusions of this voluntary product.