Insurance helps to protect you and your family from life's unexpected events. At Embarcadero Federal Credit Union we offer several insurance options to give you peace of mind.
Sign up for our insurance products when you apply for a loan, or at any time throughout the course of the loan.
Credit Life Insurance
Protect your investment and your family with credit life insurance. This type of insurance policy matches the loan balance up to $50,000.00 (maximum) of coverage and ensures the loan balance will be paid off up to the maximum in the event of death.
Our Credit Life Insurance is available for all loan products and your monthly premium will be added to your loan balance.
Disability Insurance
What would happen if for some reason you became unable to work due to illness or injury? Most people don't have adequate savings to pull them through these tough times and instead rely on disability coverage to protect their standard of living.
Our disability insurance is available for all loan products and your monthly premium will be added to your loan balance.
Accidental Death & Dismemberment Insurance
This type of health and accident insurance protects you and your family in the event of death or loss of a specific bodily loss resulting from an accident.
Accidental death & dismemberment insurance is available to all members and when you sign up Embarcadero FCU will provide you with the first $1,500 of coverage.
Mechanical Breakdown Insurance
The first thing that people usually do when they buy a car is to purchase collision insurance to protect their investment in case of an accident. By adding this Mechanical Breakdown Insurance your car will be covered for repairs such as fixing your automatic windows or air conditioner
once your car is out of warranty.
Mechanical Breakdown Insurance is available on both new and used vehicles.
GAP Insurance
Gap coverage protects your family in the event that your vehicle is totalled and the market value of the car is lower that the outstanding balance of your loan. With the rising prices of vehicles, and considering how quickly cars depreciate, this coverage can save you by paying off any defiency balance that is not paid by your insurance carrier.
GAP insurance is available on new and used vehicles and can be financed in your loan.
