Add coverage to your Chartway loans and protect against the financial pressures that come from loss of life, disability, or involuntary unemployment. There's even loan protection for vehicle repairs and replacement. As a CUNA Mutual Group member, we are able to provide these affordable coverage options for you and your family.
We know, it's not fun to think about. So, we've made it easy for you to protect your financial well-being with loan coverage options to give you peace of mind. Contact us or visit your neighborhood branch and we'll be happy to answer your questions!
MRC
Mechanical Repair Coverage may help pay for covered repairs on new and eligible used vehicles. MRC is a competitively-priced service that adds flexible protection from unexpected vehicle repairs after the manufacturer's warranty expires.
Features
- A choice of protection levels is available, with various deductible options and term/mileage plans.
- Hassle-free claim payments are made directly to licensed repair facilities in the U.S. and Canada.
- Coverage may be transferred if the vehicle is sold to a private party; coverage may be canceled at any time on a prorated basis.
- The MRC premium can be added to the total amount financed.
- MRC may be added any time, within mileage requirements.
Loan Assure — Credit Cards
Loan Assure is a payment protection plan that can be applied to credit card balances. In the event of death, disability or involuntarily unemployment your current loan payments or balances will be cancelled, allowing you to protect your credit and offer you and your loved ones peace of mind.
Features
- One premium option allows you complete protection.
- Loan Assure protects your credit and offers financial well-being.
- Coverage cancels loan payments if certain conditions are met.
- Affordable rates make it easy to get your credit card debt protected to assure you and your loved ones are safeguarded from unseen life events.
Loan Assure — Home Equity
Loan Assure is a payment protection plan that can be applied to Equity Loans and the two fixed-rate options available in the lines of credit. The HELOC line itself is not eligible for the Loan Assure coverage. In the event of death, disability or involuntarily unemployment, the current loan payments or balances will be cancelled, allowing you to protect your credit and offer you and your loved ones peace of mind.
Features
- Two different options give you the ability to choose which package is right for you.
- Loan Assure protects your credits and offers financial well-being.
- Coverage cancels loan balance or payments, depending on the coverage you choose, and if certain conditions are met.
- Affordable rates make it easy to get your loan protected to assure you and your loved ones are safeguarded from unforeseen life events.
