Insurance
Credit Life Insurance and Credit Disability Insurance is offered on loans.
Credit Life Insurance:
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Pays off or reduces the outstanding loan balance up to the coverage limit if you die while insured.
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Available on consumer loans and credit cards up to $50,000 and 180 months.
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Low cost coverage with 30-day free look.
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Available through 69 years of age, terminating at age 70.
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Available for primary and/or joint owners on the loan.
Credit Disability Insurance.
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Makes the loan payment up to the maximum coverage limits should you become totally disabled due to sickness or injury while insured.
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Available on all consumer loans and credit cards up to $50,000 and 120 months.
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Low cost coverage with a 30-day free look.
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Available through 65 years of age, terminating at age 66.
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Available for primary and/or joint owners on the loan.
To add Credit Life and/or Credit Disability to a new or existing loan, visit a local financial center or Contact Us
Extra protection is available for auto loans:
Guaranteed Asset Protection (GAP)
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Relieves you of the responsibility for the remainder of the loan balance that the primary insurance carrier does not cover due to a totaled or stolen vehicle.
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Available on auto loans financed up to $100,000 and 84 months.
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Maximum GAP loss payout up to $50,000.
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Available on motorcycle, ATV, and Jet Ski loans financed up to $50,000 and 120 months.
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Low cost protection with a 60-day free look.
Mechanical Breakdown Protection (MBP)
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Extends coverage to virtually all mechanical and electrical components of your vehicle in addition to the manufacturer’s warranty.
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Available on new and pre-owned vehicles.
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Cost and coverage vary based on collateral information.
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Transferrable coverage.
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Choose from Ultimate Guard, Preferred Guard, and Classic Guard.
To add GAP or MBP to a new or existing loan, visit a local financial center or Contact Us.
As a member of South Carolina Federal Credit Union, you may qualify for discounted auto insurance. We have worked with MetLife Auto & Home to screen the top insurance carriers and identify the most competitive rates available,
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Up to 15% member discount.
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Extra savings with a superior driving discount.
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Extra convenience with easy automatic billing.
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The ability to switch and save NOW - no need to wait until your current policy expires.
If you are not receiving a discount on auto insurance, please call the MetLife member's hotline now at 877-491-5087.