Loan Protection
LifeGuard Loan Protection
Your Financial Safety Net for Life’s Unexpected Events
Life is full of surprises, but your loan payments shouldn't be a source of worry. Modesto's First FCU is proud to offer LifeGuard, a loan protection option designed to step in and safeguard your finances during difficult times.
You can easily add LifeGuard to any new or refinanced closed-end loan, including second mortgages.
How LifeGuard Protects You & Your Family:
Life Coverage: Pays off or reduces your loan balance in the event of death.
Disability Coverage: Makes your monthly payments if you are sick or injured and cannot work (includes self-employed individuals).
Unemployment Coverage: Covers your loan payments during an unexpected job loss.
Protect your credit and your family’s peace of mind. Ask a team member how to add LifeGuard to your loan today!
MBI & GAP Insurance
Mechanical Breakdown Insurance
This provides the member with flexibility and security in knowing that their automobile is protected. The member may feel secure in knowing that when they do incur a problem, the solution is just a phone call away. The member may choose a plan that best fits his/her needs. Filing claims is hassle-free.
GAP Insurance
Guaranteed Auto Protection offers protection against financial liability for individuals who finance a new or used vehicle. GAP coverage protects against financial loss in the event that your vehicle is damaged beyond repair (totaled) or stolen and never recovered. With GAP coverage, the loans’ uninsured balance is then waived.