Edison Credit Union


Loan Protection

Loan Protection

Financing from Edison Credit Union helps you reach your goals, and we want to help you protect those interests. With loan protection services, you can be sure that your investments are covered and your finances are secure.

Credit Life & Disability Insurance

Edison Credit Union offers Credit Life and Credit Disability Insurance on many of our loan options. Credit Life Insurance will pay your remaining credit union loan debt, up to policy maximums in the event of your death helping to avoid financial burdens for your beneficiaries. Credit Disability Insurance makes your credit union loan payments in the event you are unable to work due to a disability.

GAP Coverage

If your vehicle is declared a total loss due to collision or theft, you still have to pay the difference, or the “gap,” between the insurance settlement and your loan balance. Guaranteed Asset Protection is low-cost coverage that can pay the potentially high-cost difference. Ask about it when you apply for your next auto loan!

Auto Advantage Program

As a thank you for purchasing GAP, you will receive the Auto Advantage Program. Pay up to ($500) per LOSS (UNLIMITED loses per year) when a Loss is filed and paid by the auto insurance company for a Covered Auto the Member owns or leases evidenced by the title or registration, AND insures under an Auto Insurance Policy designating the Member as the Named Insured.

Extended Warranty

Be ready for the unexpected and ensure you’re covered in the event of a mechanical breakdown. With Mechanical Breakdown Protection from Edison Credit Union and Route 66 Warranty, you can rest easy knowing you are covered. Our Warranty Mechanical Breakdown Protection Plans are available for both new and pre-owned vehicles, and coverage is transferable if you sell your vehicle before your agreement expires providing additional resale value. Benefits include: Zero deductible, Nationwide Coverage, 24/7/365 Emergence Roadside Service, 30-Day Money Back Guarantee and Direct Claim Payments via Visa or MasterCard. Not to mention our Warranty’s are normally cheaper than you will be provided at most dealerships. Contact us today for more information.
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 Group Policy for a full explanation of the terms. CDCL-2582670.1-0619-0721. c
Contact Us for more information.