OPTIONAL COVERAGE (MRC, GAP, AND DEBT PROTECTION)
Discover additional optional coverage on your loans from Central Willamette Credit Union!
MRC (Mechanical Repair Coverage)
MRC, or mechanical repair coverage, is an auto loan add-on that may help limit unexpected, covered repair costs as your vehicle ages, potentially saving you thousands of dollars in repairs. What’s more, it works at any authorized repair facility in the continental United States of America, Alaska, Hawaii, and Canada.
GAP (Guaranteed Asset Protection)
If your vehicle is deemed a total loss due to an accident or stolen, there can be a significant gap between what you owe on your Central Willamette loan and what your auto insurance will cover. GAP may reduce or even eliminate that shortfall in the event your vehicle is deemed a total loss.
Debt Protection
Debt protection is your safeguard against the unexpected, and may cancel your loan balance or payments in case of:
- Involuntary unemployment - a covered job loss occurs
- Disability - a covered disability occurs due to illness or injury
- Death - protected borrower passes away
Have questions? Contact us, stop by any branch or call (541) 928-4536. You can even text us at that number and we’ll reply.