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Debt Protection/GAP/MRC

Debt Protection

Does your family have a safety net if the unexpected hits?
Life can be wonderful. But it can also get complicated when unexpected things happen. Protecting your loan balance or loan payments against death, disability, or involuntary unemployment could help protect your finances.

This protection could cancel your loan balance or payments up to the contract maximums. Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, and the loss of life of a non-protected dependent. Protect your loan balance or loan payments today so your family can worry a little bit less about tomorrow.

Ask your Loan Officer to protect what matters most to you.

GAP Protection

Will you owe more on your vehicle loan than your vehicle is worth?
A wrecked vehicle can wreck your finances if you owe more on your loan than your insurance will pay.
Guaranteed Asset Protection is like an airbag for your vehicle loan.

Our Guaranteed Asset Protection (GAP) program may reduce or eliminate the gap between what your vehicle insurance will pay and what you owe on your loan if your vehicle is deemed a total loss. It can help cushion you and your family against sudden out of pocket expenses. Get GAP today so you can worry a little less about tomorrow.

Mechanical Repair Coverage

The miles can add up, but the repair costs don’t have to.

Whether you depend on your vehicle for work or getting your family to school and activities, you need transportation that’s safe and reliable. The older your vehicle, the more likely there will be a breakdown. The cost of those breakdowns increases as the vehicle gets older. Not making small repairs can lead to even more expensive repairs. Ignoring repairs can be dangerous.

Mechanical Repair Coverage (MRC) can help deflect some of those costly covered repairs while keeping your vehicle running extra miles and extra years. With various coverage levels and deductibles to choose from, there’s a plan to fit your family’s budget.

Extended Warranty 

Extended Warranties are now available through open enrollment.

Contact us for a free quote and coverage options at (806)-665-0057

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CONTACT US

Email complaints or concerns to: membersolutions@ptfcu-tx.com 

Phone: (806) 665-0057
Fax: (806) 665-0533

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