insuranceSave While Protecting What Matters Most
From auto and home insurance to loan payment protection and vehicle repair coverage, DFCU offers Florida members insurance programs that are built to protect you for less.
insuranceSave While Protecting What Matters Most
From auto and home insurance to loan payment protection and vehicle repair coverage, DFCU offers insurance programs that are built to protect you for less.
Choose the Protection That Fits Your Needs
Property Protection
Save on auto and home insurance with group discount rates through MHA or TruStage – two trusted insurance partners.
Payment Protection
Cancel or reduce your loan payments in the event of a catastrophic life event to ease any financial burdens.
Guaranteed Asset Protection (GAP)
Cancel the gap between what your insurance settlement pays and what you still owe in the event of an accident or stolen vehicle.
Life and Accident Insurance
Protect your family from the effects of the unexpected with Life and Accidental Death & Dismemberment Insurance, including term and whole plans.
Mechanical Repair Coverage
Keep mechanical vehicle repair costs in check and protect your budget from the unexpected with Mechanical Repair Coverage.
Protection for When Life Happens
Two trusted partners, two ways to save on your auto and home insurance.
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MHA – For group discounts, MHA accesses multiple insurance companies, including Citizens Insurance Company of America, Frankenmuth Insurance, Safeco Insurance, and Auto-Owners Insurance, to find DFCU members a competitive rate. It’s a Michigan-based program available to members nationwide.
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TruStage – TruStage accesses Liberty Mutual for exclusive group discounts available to DFCU Financial members nationwide.
Payment Protection That Has Your Back
As a borrower or co-borrower on a consumer loan, voluntary Loan Payment Protection (LifePlus) can cover you through unexpected events like involuntary unemployment, a disabling injury, or death.
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No medical exam required.
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Convenient payment plan – cost may be added to your monthly consumer loan payments.
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Easy enrollment – apply at the time you take out a loan or give us a call at 888.336.2700.
Stay Covered When Accidents Happen
If your vehicle is ever totaled or stolen, your insurance settlement is only based on its current market value – not what you still owe on your loan. Guaranteed Asset Protection (GAP) covers that difference, so you’re not stuck paying out of pocket for a vehicle you can no longer drive.
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Easy enrollment – apply at the time you take out a loan with DFCU.
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Convenient payment options – a one-time price for the life of your loan may be added to your monthly payment.
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Local expertise and local decision-making for faster approvals and personalized service.
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GAP with deductible assistance is available on auto loans for accidents where your vehicle is not a total loss.
Coverage That Cares for Your Loved Ones
Term Life, Whole Life, Guaranteed Acceptance Whole Life, and Accidental Death & Dismemberment Insurance – smart ways to help protect your family from the effects of the unexpected.
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No medical exam and easy online application.
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Convenient payment and billing options.
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Options for members as young as 18 and up to 85 years old.
Drive with Confidence, Not Repair Bills
The older your vehicle gets, the more expensive and frequent the repairs can be. Mechanical Repair Coverage helps keep those costs in check and protects your budget from unexpected repair bills. Benefits include:
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Substitute transportation provided.
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No out-of-pocket expense, except any deductible.
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24-hour emergency roadside assistance.
Insurance Products
All LifePlus packages include the following protection:
- If you experience an accidental dismemberment, such as the loss of an eye, foot, or hand within 90 days of a covered accident, LifePlus cancels your loan balance.*
- If you’re diagnosed with a terminal illness giving you less than 12 months to live, LifePlus cancels your loan balance.*
- If you take 14 or more consecutive days of unpaid family medical leave, LifePlus cancels up to 3 months or $3,000 of your loan payments.**
- If you’re hospitalized for 48 hours or more, LifePlus cancels up to 3 months or $3,000 of your loan payments.**
- If you lose a non-protected dependent, LifePlus cancels up to 3 months or $3,000 of your loan payments.**
We are pleased to offer our members Term Life, Whole Life, Guaranteed Life and Accidental Death & Dismemberment Insurance; all of which are designed to help provide you with smart ways to protect your family from the effects of the unexpected.
Term Life Insurance
- Discount group rates with up to $100,000 in coverage
- Members ages 25-69 (coverage ends at age 80)
- Simple health questions
- No medical exam
- Buy online in about 10 minutes1
- Convenient billing options
Whole Life Insurance
- Discount group rates with up to $100,000 in coverage
- Members ages 18-85
- Simple health questions
- No medical exam
- Permanent Protection
- Price guaranteed for life2
- Convenient billing options
Guaranteed Acceptance Whole Life Insurance
- Discount group rates with up to $25,000 Guaranteed Acceptance Whole Life coverage
- No medical exam; no health questions
- Can’t be turned down due to health
- Price & coverage guaranteed for life2
- Designed for members ages 45-80
- Convenient payment options
Group Accidental Death & Dismemberment Insurance
- Basic AD&D – free to members ages 18 and older – $2,000 in Basic Accidental Death & Dismemberment Insurance underwritten by CMFG Life
- Voluntary AD&D – affordable group rates for up to $500,000 of Voluntary Accidental Death & Dismemberment Insurance available to DFCU Financial members
- Both have guaranteed acceptance for eligible members; no health questions required
- Family coverage available
With Mechanical Repair Coverage, you can enjoy many valuable benefits:
- Substitute transportation: up to $50 per day up to a maximum of 10 days, available on the first day of coverage. Options for traditional rental car or rideshare are available.
- 24-hour emergency roadside assistance: up to $125 per occurrence, includes towing, battery jumpstart, fluid delivery, flat tire assistance, lock-out service, and extracting your vehicle from an inaccessible area within 50 feet of a paved road or highway.
- No out-of-pocket expense (except for any deductible): the administrator pays the repair facility directly for the covered repair.
View the available plans and coverage options.
*We will cancel 100% of your Protected Balance as of the date of the event, up to a maximum of $100,000, before the end of the month in which you reach your 70th birthday. After the end of the month during which you reach your 70th birthday, we will cancel 25% of your Protected Balance as of the date of the protected event, up to a maximum of $25,000.
**Cancels your monthly loan payment, up to 3 months or $3,000, whichever comes first. 6-month vesting period from the effective date of protection. Cancellation is one time per 12-month period.
Note: LifePlus, Disability, and Involuntary Unemployment protection are loan payment protection products offered by DFCU Financial. Payment Protection is not available on DFCU Financial Home Equity Term loans. Your purchase of MEMBERS CHOICETM Borrower Security 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 Payment Protection. You may cancel the protection at any time. If you cancel protection within 30 days, you will receive a full refund of any fee paid.
¹If approved and as long as payments are made. Time estimate source: TruStage.com Production WEB Policies Time reporting 2017
²If approved and as long as your payments are made.
Mechanical Repair Coverage is provided and administered by Consumer Program Administrators, Inc. in all states except CA; where coverage is offered as insurance by Virginia Surety Company, Inc., in NH; where coverage is provided and administered by Consumer Program Administrators, Inc. dba Consumer Warranty Program Administrators, in TX; where coverage is provided and administered by Consumer Program Administrators, Inc. dba The Administrators of Consumer Programs (TX License #175), in FL and OK; where coverage is provided and administered by Automotive Warranty Services of Florida, Inc. (Florida License #60023 and Oklahoma License #44198051), and in WA; where coverage is provided by National Product Care Company and administered by Consumer Program Administrators, Inc., all located at 175 West Jackson Blvd., Chicago, Illinois 60604, 1-800-752-6265. This coverage is made available to you by CUNA Mutual Insurance Agency, Inc.
The purchase of Mechanical Repair Coverage is optional. This document provides general information about Mechanical Repair Coverage and should not be solely relied upon when purchasing coverage. Be sure to read the Vehicle Service Contract or the Insurance Policy, which will explain the exact terms, conditions, and exclusions. Coverage varies by state. Replacement parts may be new, used, non-OEM, or remanufactured.
Copyright & Unique ID:
© TruStage
MRC-3415612.4-0324-0426
Frequently Asked Questions
Payment Protection cancels or reduces your loan payment if a covered life event – like disability, involuntary unemployment, or death – keeps you from working. Mechanical Repair Coverage pays for eligible vehicle repairs after your factory warranty expires.
DFCU partners with MHA and TruStage to offer group discount rates on auto and home insurance. Group buying power typically gets members a better rate than shopping on their own.
Apply at the time you take out a loan. There’s no separate application, and the cost can be added to your monthly loan payment.
Yes. Loan Payment Protection can be canceled at any time, with a full refund if canceled within 30 days. GAP can be canceled at any time, with a full refund if canceled within 90 days of your loan closing.
Bank Smarter With These Solutions
Support You Can Count On
Whether you’re ready to join or just have questions, our team is here to help you move forward with confidence.
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