Loan Protection Options

Life’s uncertainties can jeopardize financial security. Find peace of mind with Advia Credit Union’s comprehensive Loan Protection Options, tailored for borrowers in Michigan, Wisconsin, and Illinois.

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Discover loan protection plans designed to safeguard your investments.

Debt Protection

Safeguard your loan balance or payments against death, disability, or involuntary unemployment.

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  • Add debt protection during the application process or within 180 days after signing for your loan1
  • Cancel or defer payments on your loans
  • Protect your credit against delinquency reporting

Mechanical Breakdown Protection

Shield your finances against costly unforeseen auto repairs not covered by existing insurance.

Repair

  • Add to new Vehicle Loan at closing or any time after1
  • Additional coverage outside most warranties
  • Have peace of mind with roadside assistance, rental car allowance and more

Guaranteed Asset Protection (GAP)

Protect your finances if the value of your vehicle is less than the amount of your vehicle loan.

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  • Add to new or previous qualified loan1
  • Get discounts with Advantage Plus Rewards2
  • Coverage includes Standard Vehicles, Power Sports, Watercraft, and RVs

Depreciation Protection Waiver (DPW)

If your vehicle is deemed a total loss, DPW covers the difference between its original price and loan balance.

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  • Add DPW anytime during your loan term1
  • Receive a discount with Advantage Plus Rewards2
  • Ideal if you put money down or make accelerated loan payments

Loan Protection Options FAQs

Debt Protection cancels or pauses loan payments during unexpected events, ensuring financial stability.

Mechanical Breakdown Protection covers repairs for engine, transmission, and electrical systems after your warranty expires.

GAP covers the difference between your insurance payout and remaining loan balance after a total loss.

A Depreciation Protection Waiver or DPW is the reverse of GAP — perfect for vehicles that hold value longer.
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Do you have more questions about Loan Protection Options?

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  1. Not available on Lease Loans.
  2. Must be qualified for Advantage Plus Reward Status at time of purchase to receive discount.