Insurance

Credit Life
Insurance

For a low monthly premium added to your loan balance, credit life insurance pays the insured balance of your loan, up to the policy maximum, in the event of your death. This ensures your family will not be left with your loan debt. Ask a credit union loan officer for details.

Credit Disability
Insurance

In the event you become totally disabled by sickness or an accident, credit disability insurance pays your loan payments up to the policy maximum. The premium for this service is added to your regular loan payments. For full policy details, please contact the credit union.

MEMBERS CHOICE
GAP PLUS Protection

Auto Insurance might not be enough. An affordable way to fill the GAP is to purchase GAP Protection. You might have to pay thousands of dollars for a vehicle lost to theft or an accident. The cost is only $369.

For a few dollars a month, you can protect yourself against this kind of unexpected expense. It’s easy to get. Call the credit union for details today.

Mechanical Repair
Coverage

When you purchase a vehicle, you want it to last as long as possible. You can extend the life of your vehicle and save on covered repairs with MEMBERS CHOICE Mechanical Repair Coverage (MRC) made available through Novo Federal Credit Union. With this coverage, you can lock in repair costs to limit the amount you have to pay for unexpected breakdowns.

MEMBERS Life &
Accident Insurance

Your membership at Novo Federal Credit Union affords you many benefits.  Two of these benefits are the availability of Life Insurance and Accidental Death & Dismemberment (AD&D) Insurance.

At Novo Federal Credit Union, we believe in your financial security. That’s why we’ve made available this important coverage to help protect your future. As part of our family, you can get valuable protection at affordable rates. Insurance is sold by CUNA Mutual Insurance Society. This insurance is not a deposit and is not federally insured or guaranteed by your credit union.