GAP - Guaranteed Asset Protection
Payment Protection for Your Loan: Guaranteed Asset Protection (GAP) Guaranteed Asset Protection helps to protect your financial well-being by reducing the difference between your insurance company’s settlement and the remaining loan amount, if your vehicle is stolen or accidently damaged beyond repair. The difference can amount to thousands of dollars due to depreciation. Quick and simple to enroll - with a one-time fee.
For more information on the benefits and details, please click the links provided or contact United 1st Credit Union toll-free at (888)484-8328.
Your purchase of MEMBER’S CHOICETM Guaranteed Asset Protection (GAP) 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 GAP. If you choose GAP, adding the product fee to your loan amount will increase the cost of GAP. You may cancel the protection at any time. If you cancel protection within 90 days you will receive a full refund of any fee paid. You will receive additional information before you are required to pay the fee for this product.
Additional language for state chartered credit unions in FL, GA, IA, RI, UT, VT and WI:
You may choose GAP 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 calculated by the actuarial method.
DPGAP-0913-D678, © CUNA Mutual Group 2014, All Rights Reserved.
VSA Vehicle Service Agreement
PUT THE BRAKES ON EXPENSIVE CAR REPAIRS!
With a United 1st Vehicle Service Agreement from IWS, you can protect yourself from unexpected, high cost repairs for up to 50% less than manufacturer’s warranties.
Some of the Many Benefits:
Don’t wait! Ask your United 1st lender how you can start saving on expensive car repairs today
Insurance and Warranty products are not products of the Credit Union; and are not obligations of or guaranteed by the Credit Union. Insurance or warranties may be purchased from an agent or an insurance company of the Member’s choice; and Credit Union makes no representations as to the services of any provider.