Insurance Services

Credit Life and Credit Disability Insurance

Sign up for Credit Life and Credit Disability Insurance from CUNA Mutual when you sign for your loan. As a credit union member, you and your family can have the valuable financial protection you need when you take out a loan. Premiums for the coverage you select are reasonable. In fact, when you compare the cost of Credit Life and Credit Disability Insurance with the benefits offered, you'll find the coverage well worth it.

Credit Life and Credit Disability Insurance can:

• Reduce your financial burden and protect your family;
• Protect your income, your collateral and your credit rating;
• Provide coverage at home and at work; and
• Provide peace of mind.

Plan Benefits

It's reassuring to know that not only your family can be financially protected but your collateral and your income can be protected with Credit Life and Credit Disability Insurance. In the event of your death, Credit Life Insurance pays the insured balance of your loan, up to the policy maximum. Should you become totally and continuously disabled by a covered sickness or accident that persists beyond the policy waiting period, your loan payments are protected.

How Much Does It Cost?

Coverage costs just pennies a day. Premiums can be added to your monthly loan payments for your convenience.

It's Easy to Qualify

To qualify for Credit Life, you must not have reached the maximum eligible age on the date of your loan and actively at work. If a member is not working at the time of the advance, the statement of good health applies.

• You must not have reached the maximum eligible age on the date of your loan;
• You must be actively at work and regularly performing all the usual duties of a full-time, gainful occupation; and
• Only one member may be insured for any one loan.

Eligibility, exclusions, benefits, and termination provisions vary according to Gulf Credit Union's master contract, which is controlling in all instances. Be sure to consult a loan officer at Gulf Credit Union for complete details.

Sign Up Now!

Applying for Credit Life and Credit Disability Insurance is easy. The sooner you enroll, the sooner you'll have this important financial coverage working for you and your family. Talk to a loan officer today.

Guaranteed Asset Protection and Mechanical Breakdown Insurance

GCU offers Guaranteed Asset Protection for you vehicle in case of a total loss. Check with one of our loan officers for details at (409) 963-1191.

GCU also offers Mechanical Breakdown Insurance or extended warranties for your vehicle. Our comprehensive benefits include Nationwide Coverage, Towing and Rental, Direct Payment, Emergency Road Service, Full Coverage, and Toll-Free Claim Service. Call one of loan officers at (409) 963-1191 for details.