Loan Protection
At Central Credit Union Of Illinois, we always wish you and your family the very best, but we also hope that you're financially prepared for the worst. That's why we offer a variety of products to help you financially when the unexpected happens.
- Should you die or become disabled, your loan payments will be made, up to your policy maximum, after your waiting period.
- Your monthly premium will be added to your loan balance each month so that you only pay interest on your balance and not on the loan insurance premium.
For more information, please call our Loan Department at (708) 649-6420.
Prevent costly future vehicle repair expenses by taking advantage of our Mechanical Repair Coverage.
- Coverage compliments and often exceeds manufacturers' warranty coverage
- Plan choices that include the length of time and mileage that best suit your needs
- Coverage can be purchased for both new and used cars
- Coverage is transferable to future owners adding to your car's resale value
For more information, click here.
Protect yourself in case your vehicle is lost to theft or an accident with GAP coverage.
- Coverage will pay the difference between your insurance settlement and your remaining loan balance (directly related to the automobile purchase).
- Your monthly premium will be added to your loan balance each month so that you only pay interest on your balance and not on the insurance premium.
For more information, click here.