Loan Protection and Insurance

Life’s “accidents” can leave you without a car and with unpaid bills. ECU offers a wide variety of loan protection coverage options so you can protect yourself!

If you would like more information on any of the options below, please complete the inquiry form or call 806-358-7777 to speak to a friendly representative from our loan department.



TotalRestart-Auto Replacement Benefit

This exclusive member benefit will protect you against vehicle rapid deprecation and give you an opportunity for a fresh “restart” if you experience a total loss on your vehicle. With TotalRestart, you may be eligible for a credit when you return to ECU for financing of a replacement vehicle. This is an exclusive protection only available when you finance your new purchase vehicle loan with ECU.

Debt Protection

Life is unpredictable. You may worry about unexpected, real-life events that could leave you scrambling to pay your monthly bills. Debt Protection can give you peace of mind by helping to relieve financial pressure. With Debt Protection, your loan or your monthly loan payments may be cancelled up to a maximum amount. You select the plan that provides protection due to death, disability, or involuntary unemployment.Or FMLA qualifying events

Benefits of Debt Protection:

Protection

  • Single and joint coverage available
  • Safeguard your family’s financial security
  • Preserve your credit rating

Convenience

  • Add to your monthly payment
  • Simple claims process

Eligibility

  • Protection to age 70
  •  Eligibility questions could apply, no medical exam

Your purchase of any of the above ancillary products is optional. Whether or not you purchase any of these products will not affect your application for credit or the terms of any existing credit agreement you have with us.