Payment Protection - Afena Federal Credit Union

PAYMENT PROTECTION

Make sure you’re covered…

We know the “what if” scenarios can be pretty scary. The possibilities can sometimes seem endless, and not in a good way. Well, with Afena’s payment protection services, you can make sure those “what if” scenarios are taken care of. Our Credit Life and Credit Disability services make sure your family and loved ones don’t have to worry about your loans in the case of death or disability. And with Guaranteed Asset Protection (GAP), you can feel confident in your ability to cover your car loan in the event of a total loss.

Features and Benefits:*

  • Credit Life: pays off your loan up to the policy limits should you pass away
  • Credit Disability: makes your loan payments up to policy limits should you become disabled
  • Guaranteed Asset Protection (GAP): bridges the gap between the amount you owe and the amount your auto insurance company pays should your vehicle become totaled

*Credit Life, Credit Disability and Guaranteed Asset Protection (GAP) are not available on all loans or to members over 65 years of age. To find out which payment protection options you qualify for, please call a Member Relationship Officer at 765.664.8089.

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