For your convenience, FAA Credit Union offers a number of services that are designed to maximize the value of your auto loan.
Accidental Death & Dismemberment Insurance
Most of us have a plan for the future, or a vision of what we want it to be. But no one can anticipate all the obstacles ahead or the risks to our loved ones. Accidental Death & Dismemberment (AD&D) insurance offers you the opportunity to plan for an unseen future, ensuring peace of mind for you and your family.
FAA Credit Union provides a complimentary $2,000 AD&D benefit to all members, 18 and older. Enrollment is easy and you will never be billed for this complimentary coverage. The FAA Credit Union AD&D plan provides worldwide coverage 24 hours a day, on and off the job, protecting against loss of life, dismemberment, disappearance, or exposure that is the result of a covered accident. As a member, you also have the opportunity to secure as much as $500,000 of additional coverage with expanded benefits at exceptional group rates.
Please don’t let your plans for your family be left to chance. Secure your future by enrolling online now.
GAP Insurance is designed for all drivers who finance a new or used auto. In the case of a stolen vehicle or accident, GAP covers the difference between your insurance settlement and payoff amount of your auto loan with FAA Credit Union.
Mechanical Breakdown Insurance (Extended Warranty)
Mechanical Breakdown Insurance gives you peace of mind in the event that your vehicle has mechanical issues. It can be placed on a new or used auto. There are a number of different types of plans that can be purchased at the time you close your auto loan with FAA Credit Union.
Auto, Home and Life Insurance
Liberty Mutual Insurance has partnered with FAA Credit Union to offer insurance discounts to our members. Our Liberty Mutual representative, Johnathan, is based at our Western branch, but he is available to assist all our members. See if you can save with Liberty Mutual.
MEMBER’S CHOICE Borrower Security is a voluntary payment protection product that may cancel or reduce your loan payment if you experience a protected life event. Unexpected life events can impact your income, making it hard for you to pay bills and meet other household obligations.
Ask a Financial Service Representative about the following payment protection optional products:
Hospital Accident Protection
Hospital Accident Protection (HAP) was created to protect individuals and families in the event that they are sent to the hospital as the result of an accident. HAP benefits are paid in cash directly to the individual credit union member or family of credit union member. Hospital Accident Protection is a supplement above and beyond regular health insurance. HAP protects members if they’re hospitalized for a covered accident by paying:
- Emergency Room Visit – $100 per accident
- Hospital Confinement – $400 per day
- Intensive Care Confinement – $800 per day
- Accidental Death – up to $5,000
HAP offers Individual coverage for as low as 17.95/month and Family Coverage for $30.40/month. Call Toll Free 1-866-304-3301 or visit Hospital Accident Protection