Loan Insurance & Protection

Debt Protection Insurance

If unexpected events leave you struggling to make monthly loan payments, Debt Protection can help relieve the financial pressure.

• Covers financial hardship due to a death, disability, or involuntary unemployment
• Your loan balance or monthly loan payments will be paid in full without penalty or added interest
• Protects your credit rating

Guaranteed Auto Protection (GAP) Plus

Vehicles are big investments, but with GAP Plus you're protected.

• If your vehicle is stolen or damaged beyond repair, GAP Plus pays the difference between what your auto insurance covers and your outstanding loan balance
• Purchase GAP Plus when you finance or refinance a new or used vehicle at Ventura County Credit Union
• Coverage costs will be added into the total loan amount, eliminating out-of-pocket costs

Major Mechanical Protection (MMP)

When your vehicle's manufacturer's warranty expires, protect your finances with MMP coverage, which works just like an extended warranty.

• Pays for most types of mechanical and electrical repairs at a shop you choose
• Comprehensive coverage includes towing and road service, tire repair, rental car reimbursement, and reimbursement for lodging if your car breaks down out of town
• Premiums can be added to your monthly loan payments to eliminate out-of-pocket costs