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Guaranteed Asset Protection - Plus
things donít always go according to plan. If a member's vehicle is stolen,
accidentally damaged beyond repair, or otherwise declared an insured total
loss, auto insurance will cover the replacement value. However, the member
remains liable for payment of the difference between the insurance
settlement and the remaining loan balance. This deficiency can sometimes
amount to thousands of dollars.
GAP Protection is an affordable way to fill the gap. For just a few dollars per month, our members can protect themselves against this kind of unexpected expense.
Advantages for members:
Call your local branch today for details on this outstanding opportunity!