Your vehicle is a major investment why not protect it with these three great protection options; mechanical breakdown protection (MBP), guaranteed asset protection (GAP) or debt protection. All of them are great options and depending on your needs, AAFCU is here to help you make the best choice for you.
Extend your manufacturer's automobile warranty with MBP. This product covers the repairs of unexpected mechanical breakdowns. That is why purchasing MBP is a great choice, as your vehicle is one of the larger investments that you will make. By having MBP, it may reduce the chance of unexpected out-of-pocket expenses and will increase protection when your vehicle has a mechanical breakdown. By purchasing MBP through AAFCU, it will give you peace of mind and worry-free driving!
You could be facing a huge financial risk if your vehicle is ever totaled or stolen. Protect your vehicle by getting GAP with AAFCU. GAP may cover the difference between what your insurance company will pay on the remaining balance of your loan. The cash value of your vehicle could be much less than your remaining loan balance and you could be creating a large deficiency that could be owed by you. Don’t run that risk. Get GAP!
Debt Protection can help protect your credit rating if an unforeseen circumstance were to occur, such as death, disability, or family medical leave. Debt Protection is an "umbrella" name for the products called debt cancellation and debt suspension. When an unexpected event occurs such as death, disability, involuntary unemployment, family leave or hospitalization, AAFCU may cancel your loan balance or your monthly payments without penalty or added interest.
Please review your AAFCU Debt Protection Program Agreement or Product Reference Card for full details and qualifications.