Payment Protection

The DCCU Member Protection Program provides relief in the event that you lose your job due to no fault of your own, become disabled due to injury or illness, or pass away.¹  DCCU's Member Protection Program is a voluntary loan-payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly happens to you. 

If a protected life event happens to you, and you're a protected borrower or co-borrower on the loan, DCCU's Member Protection Program will cancel or reduce repayment of your loan debt. Help lessen your worries about repaying loans during a time when your income may be reduced or lost. Protected events include:

• Loss of life, including those caused by acts of war
• Disability, including those caused by acts of war
• Involuntary unemployment

¹ DPGAP-0911-7A9B

Your purchase of the Member Protection Program 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 Member Agreement for a full explanation of the terms of the Member Protection Program.

Guaranteed Asset Protection (GAP)

Depreciation can amount to thousands of dollars for most vehicles after purchase. If your car is damaged beyond repair, stolen, or declared a total loss, you could still be paying a balance on your loan. Insurance companies often only pay the current value of the car towards your loan payoff, and may not cover the entire loan amount.

Guaranteed Asset Protection (GAP)¹ can help protect you by paying off the remainder of your loan amount that your insurance may not cover. Benefits include:

• Only $425 which may be added to your loan amount
• Protection for your loan term (up to 72 months)
• Coverage for vehicles valued up to $100,000 at time of purchase
• Payment of benefits up to $50,000
• Benefits for new or used vehicles, including: cars, light trucks, motorcycles, and some other motorized vehicles

GAP Plus offers the same benefits as GAP, plus it includes $1,000 towards the purchase of a replacement vehicle when financed by DCCU (where allowed by law).

Ask your DCCU Member Advisor if this coverage is right for you.

¹ The information contained in this site is intended to provide a general benefits outline of MEMBER'S CHOICE Guaranteed Asset Protection and should not be relied upon as providing all benefits and limitations when purchasing this protection.

Mechanical Repair Coverage

It is difficult to anticipate vehicle repairs and maintenance, and budgeting for these expenses can tie up funds earmarked for other needs. Mechanical Repair Coverage can help to pay for repairs on your vehicle and give you the control to keep your car on the road - where it belongs.

Ask your DCCU Member Advisor if this coverage is right for you.