Insurance & Debt Protection Benefits

Home Insurance & Debt Protection Benefits

Ask your Los Alamos Schools Union Loan Officer for full benefits and details on any of the payment protections we offer to our members. Please call (505) 662-3421 or visit Los Alamos Schools Credit Union at 1010 Central Ave. in Los Alamos.

We are happy to answer your questions!

AD&D AND PAYMENT PROTECTIONS

Every member of LASCU receives $2000 AD&D coverage for free

Accidental Death and Dismemberment (AD&D) Protection

Every member of LASCU receives $2000 AD&D coverage for free! You can also choose to add more AD&D coverage on the same policy for an additional premium. Rates and terms vary. Please contact LASCU for more information.

Debt Protection with Life Plus

Do you really need protection for your loans?
Consider Debt Protection with Life Plus before the unexpected happens.

 

If your life takes an unexpected turn, your family’s finances can be strained. But with Debt Protection with Life Plus, your loan payments or balance may be canceled, up to the contract maximums, in case of involuntary unemployment, disability, or death. It’s just one more way you can look out for the people you love.

Take an important step toward financial security.
Ask Los Alamos Schools Credit Union about Debt Protection with Life Plus today.

 

Debt Protection with Life Plus 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 contract for a full explanation of the terms. You will receive the contract before you are required to pay for Debt Protection with Life Plus. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.
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Guaranteed Asset Protection (GAP) Insurance

A wrecked vehicle can wreck your finances if you owe more on your loan than your insurance will pay. GAP Insurance is like an airbag for your vehicle loan. Guaranteed Asset Protection may reduce or eliminate the gap between what your vehicle insurance will pay and what you owe on your loan, if your vehicle is deemed a total loss. It can help cushion you and your family against sudden out-of-pocket expenses.

Mechanical Repair Coverage (MRC) Extended Warranty

As your vehicle gets older and miles add up, will you be able to afford the repairs you need to keep your car on the road? MRC can help limit the cost of repairs and covered breakdowns. You pay only the applicable deductible, if any. MRC can help lighten the financial burden for you and the people you care about.

CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Your purchase of MEMBER’S CHOICE® Credit Life and Credit Disability Insurance, underwritten by CMFG Life Insurance Company, 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 Policy Agreement for a full explanation of the terms.
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