Protect Your Finances When the Unexpected Happens
If your vehicle is totaled or stolen, your insurance payout might not cover the full amount you owe on your loan. GAP coverage helps bridge that gap—reducing or even eliminating the remaining balance, up to 125%. With no separate payments and a low cost that can be rolled into your loan, GAP provides peace of mind, ensuring you're not left paying for a vehicle you no longer have. Protect your investment and your wallet with GAP from Unison Credit Union.
That’s where GAP comes in
If your vehicle is deemed a total loss due to an accident or stolen, there can be a significant gap between what you owe on your loan and what your auto insurance will cover.
GAP may reduce or even eliminate that shortfall in the event your vehicle is deemed a total loss. GAP with Deductible Assistance is designed to provide financial relief when your vehicle is
damaged, but not deemed a total loss. If auto repairs cost more than your deductible, the deductible amount is applied to your loan, reducing what you owe.
damaged, but not deemed a total loss. If auto repairs cost more than your deductible, the deductible amount is applied to your loan, reducing what you owe.
Fair market insurance value isn't always fair! There may be a gap.
There's no predicting when the unexpected will happen:
- Job Loss
- Illness or Injury
- Vehicle Repairs
- Disability
- Death
Enjoy the security that could come with being covered! Ask a Member Advisor about options.
GAP, which includes deductible assistance, is not insurance; it is an optional debt cancellation product. GAP will not
affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements,
conditions and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should
carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP Fee to the amount
financed under your contract will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within
90 days you will receive a full refund of any fee paid. GAP purchased from state-chartered credit unions in FL, GA, IA,
IN, UT, VT, and WI may be with or without a refund provision. Prices of the refundable and non-refundable products are
likely to differ. If you purchase a refundable product, you may cancel at any time during the loan and receive a refund
of the unearned fee. GAP purchased from state-chartered credit unions in CO, MO or SC may be canceled at any
time during the loan and receive a refund of the unearned fee.
affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements,
conditions and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should
carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP Fee to the amount
financed under your contract will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within
90 days you will receive a full refund of any fee paid. GAP purchased from state-chartered credit unions in FL, GA, IA,
IN, UT, VT, and WI may be with or without a refund provision. Prices of the refundable and non-refundable products are
likely to differ. If you purchase a refundable product, you may cancel at any time during the loan and receive a refund
of the unearned fee. GAP purchased from state-chartered credit unions in CO, MO or SC may be canceled at any
time during the loan and receive a refund of the unearned fee.
GAP-3415645.3-0124-0226 © TruStage
