Protect Your Loans

Credit Life Insurance | Credit Disability Insurance | GAP Insurance | Mechanical Repair Coverage | 

Life is unpredictable. Protect yourself, your family, and your income from unexpected life events that can create financial hardships. With the GMFCU Credit Insurance program, your loan balance or your monthly loan payment could be made without penalty or added interest in the event of your death or disability. You trust us with your loan; now trust us to protect it with Credit Insurance. Credit Insurance protects your family’s financial security – knowing your loan will not become a burden to you or your loved ones in times of hardship.


Credit Life

At a time when your family has enough to worry about, the burden of worrying about repayment of a loan should not be added. Let Credit life insurance take that burden away by reducing or paying off your loan so your family doesn’t have to.


Credit Disability

Let Credit Disability insurance help you avoid the stress of bills piling up when you become sick or injured and are unable to work. Use the disability coverage you may have at work to pay for your essential living expenses; let Credit Disability Insurance make your monthly loan payments for you.


Guaranteed Asset Protection (GAP)

GAP provides protection to you if your vehicle is totaled or stolen and never recovered,
and there is a difference in your remaining loan balance and what the insurance company
will pay; GAP will cover the difference.

Member Benefits:

  • GAP Advantage: Additional $1,000 toward the purchase price of a replacement vehicle if financed through GMFCU
  • Our GAP is generally priced below similar protection sold by automobile dealerships

Be sure to add GAP coverage when you apply for your GMFCU vehicle loan online or call and talk to Loan Services: 336.373.2090


Mechanical Repair Coverage

Save money and have peace of mind by purchasing a Mechanical Repair Coverage from GMFCU on your next new or used vehicle or motorcycle. Mechanical repair coverage may even cover some things the factory warranty doesn’t. The program offers a $0 deductible option and there is no limit on claims. Repairs can be completed at any licensed repair facility in the United States or Canada.

Call Loan Services to get the full details on Mechanical Repair Coverage.

  • No Deductible option
  • Nationwide coverage
  • 24 hour roadside assistance
  • Vehicle rental assistance
  • Transferable
  • 60 day Money-Back Guarantee
  • Also available for Motorcycles