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Other Services & Coverages
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Credit Life Insurance
Credit Life Insurance protects you in the event of a death. Credit Life Insurance through the Maine League Insurance Trust pays the balance of outstanding loans, up to the the policy maximum.
Accidental Death & Dismemberment Insurance Protection
Great Falls Federal Credit Union provides members with $3,000 in Free Life Insurance for accidental death and dismemberment insurance protection from the Maine Credit Union League Insurance Trust. Members can increase this life insurance policy up to $250,000.
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GAP Insurance
GAP Insurance, or Guaranteed Auto Protection protects your automobile investment. GAP Insurance protects you in the event your car or truck is totaled or stolen and never found. Gap Insurance Funds cover the difference between actual market value of the automobile and your remaining balance (less late charges and other GAP Insurance related charges).
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| GAP Insurance Example |
| Loan Balance after 12 months |
$30,000 |
| Automobile's Actual Cash Value |
$22,000 |
| Deductible Cost |
$500 |
| Insurance Payment |
$21,500 |
| Deficit (GAP) |
$8,500 |
| GAP Insurance Payment |
$8,500 |
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Low payments with competitve auto loans for new and used cars.
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