Protect your investment.

Accidents happen. Cars breakdown. If there’s one thing that’s certain about the future – you cannot predict what will happen. With Seasons FCU’s vehicle coverage and loan protection options, you’ll have peace of mind knowing that you’re prepared for when life throws you a curve ball.

 

Guaranteed Asset Protection (GAP)

In most circumstances, your vehicle is worth a lot less the second you drive it off the lot. Protect the investment made in your vehicle with GAP Advantage.

What is GAP Advantage?
Guaranteed Asset Protection Advantage, or GAP Advantage, is a voluntary, non-insurance program offered as protection on a new or used vehicle that is financed or leased. It is a supplemental benefit that enhances, rather than replaces, your standard comprehensive, collision, or liability coverage. GAP Advantage waives the difference between your primary insurance carrier’s settlement and the payoff of your loan.¹ In other words, it protects the “gap” between your vehicle’s value and the amount you still owe in the case it is damaged beyond repair or stolen and never recovered.

GAP Advantage also provides you with a $1,000 credit towards the financing of a replacement vehicle if financed or leased with the same financial institution.

How does GAP Advantage work?
Depending on where you live, the established market value of your vehicle could be less than the actual balance you owe. In the event of a total loss or theft, GAP Advantage waives the difference between your primary insurance carrier insurance settlement and the payoff of your loan, subject to limitations and exclusions including a maximum loan-to-value limitation which may cap the benefit you receive. Included in the deficiency balance is the deductible up to $1,000.³

Consider This
Your one-year-old financed vehicle is totaled beyond repair...

• Your loan balance is......................................................................$15,000
• Your insurance company settlement is.......................................$10,000
  • based on your vehicle's market value.............................................$11,000
  • less your insurance deductible........................................................$1,000³
• Total amount you ow without GAP Advantage.....................$5,000
• TOTAL AMOUNT YOU OWE WITH GAP ADVANTAGE...........$0
• PLUS $1,000 credit towards the financing of your replacement vehicle!²

 

Contact a Seasons FCU Loan Officer today at (860) 346-6614 for more information and to qualify your vehicle.

 

¹ Subject to limitations and exclusions including a maximum loan-to-value limitation which may cap the benefit you receive
² If the replacement vehicle is financed or leased with the financial institution that the totaled/stolen vehicle was financed or leased through.
³ Not available in NY or AK

 

 

 

AssureGuard Mechanical Breakdown Protection

Protection for your new or pre-owned vehicle

Your vehicle is one of the most expensive purchases you make and you never know when mechanical breakdowns will happen. Protecting your investment and guarding against unexpected costs is important. We can help you do both with AssureGuard Mechanical Protection Coverage. AssureGuard provides you with peace of mind knowing you are protected against the cost of covered mechanical breakdowns, and includes valuable additional benefits.

• Car Rental
  Pays or reimburses you up to a maximum of $250 for a rental vehicle when your vehicle is serviced for covered repairs.
• Emergency Roadside Assistance
  Up to $100 per occurrence if your vehicle becomes disabled for: towing service; flat tire change; emergency gas delivery service; battery jump start service; key lockout service.
• Travel Expense Reimbursement
  Helps off set the cost of lodging and meals. If a covered failure occurs while you are traveling more than 100 miles from your home, we will reimburse you up to $250 per day for up to 5 days.
• Paintless Dent Repair**
  Specialized hand tools gently push the dented metal back to its original form on your vehicle with no impact to your paint.
• Windshield Protection**
  Covers the cost of repairs to the front windshield from minor chips and cracks caused by propelled rocks or other road debris.

 

Getting Coverage is Easy

There are multiple levels of coverage that will meet your specific needs. These plans are available for both new and pre-owned vehicles and often cost less than other extended warranty products. If you just purchased a new vehicle or if your warranty is about to expire, contact us to see how AssureGuard can help you save money.

Contact a Seasons FCU Loan Officer today at (860) 346-6614 for more information and to qualify your vehicle.

 

*Certain additional benefits may not be available in some states due to state law restrictions. Limits and exclusions apply see service contract for exact terms, coverages and exclusions.
**Limited to five (5) repairs per contract.

 

 

 

Accidental Death & Dismemberment Protection

Accidental Death & Dismemberment (AD&D) insurance can ensure financial stability after accidents and cover anything from lost wages to hospital bills. We’ve partnered with TruStage to bring you the best service, the best rates and the best coverage. They offer affordable coverage and provide financial benefits in the case of a passing or severe injury from an accident. There is no medical exam required, no medical questions to answer and no waiting period to be covered. Plus, as a member of Seasons Federal Credit Union you are eligible to enroll for $1,000 of no-cost TruStage Accidental Death & Dismemberment Insurance.

Learn more about TruStage

 

 

*Restrictions may apply