Mutual Savings

Mutual Savings Credit Union

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Loan Protection Products

 

Credit Life Insurance

Credit Life insurance may help ensure that family members will not be burdened with loan payments after a borrower’s death. If you choose to add Credit Life Insurance , the premiums can be added to your monthly loan payment.

Credit Disability Insurance

Should an unexpected injury or disabling illness keep you from working, Credit Disability insurance may make your loan payments up to the policy maximums.

Guranteed Asset Protection Plus (GAP)

Our Guaranteed Asset Protection (GAP) may reduce or even 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. Plus, it helps you get into your next vehicle by reducing your next loan at the credit union by $1,000.

Mechanical Repair Coverage (MRC)

Essential protection against unexpected repairs costs. The older your vehicle gets, the more espensive it can be to fix – and the more often you need to. Mechanical Repair Coverage (MRC) may help keep those costs in check, saving your budget from future unexpected repair costs. Talk to us to find out what MRC plan is right for you.

If you’d like to see your Mechanical Repair Coverage Policy (MRC) click here. You only need your vehicle VIN number or your contract number.

 

You can contact a Mutual Savings representative to add any of these products to select Mutual Savings loans.

Mechanical Repair Coverage is provided and administered by Consumer Program Administrators, Inc. in all states except CA, where coverage is offered as insurance by Virginia Surety Company, Inc., in NH, where coverage is provided and administered by Consumer Program Administrators, Inc. dba Consumer Warranty Program Administrators, in TX, where coverage is provided and administered by Consumer Program Administrators, Inc. dba The Administrators of Consumer Programs (TX License #175), in FL and OK, where coverage is provided and administered by Automotive Warranty Services of Florida, Inc. (Florida License #60023 and Oklahoma License #44198051), and in WA, where coverage is provided by National Product Care Company and administered by Consumer Program Administrators, Inc., all located at 175 West Jackson Blvd., Chicago, Illinois 60604, 1-800-752-6265. This coverage is made available to you by CUNA Mutual Insurance Agency, Inc. Coverage varies by state. Replacement parts may be new, used, non-OEM or remanufactured. Be sure to read the Vehicle Service Contract or the Insurance Policy, which will explain the exact terms, conditions, and exclusions of this voluntary product. LPS, ADI, AUT, GEN-3587590.1-0521-0623