Loan Protection

Credit Life Payment Protection

This pays off a covered loan balance up to the policy maximum in the event of death. It brings peace of mind and security to the member’s family knowing that they are protected from the loan debt. The premium is usually only a few cents on every $100.00 of the loan, which makes this benefit affordable to our members.

Credit Disability Payment Protection

Credit Disability Payment Protection makes your covered loan payments in the event of disability. Also, it offers financial relief and peace of mind by protecting your credit rating. Low premium, usually only a few cents per $100.00 of your loan, makes this benefit affordable to Modesto’s First Federal Credit Union members.

MBI & GAP Insurance

Mechanical Breakdown Insurance

This provides the member with flexibility and security in knowing that their automobile is protected. The member may feel secure in knowing that when they do incur a problem, the solution is just a phone call away. The member may choose a plan that best fits his/her needs. Filing claims is hassle-free.

GAP Insurance

Guaranteed Auto Protection offers protection against financial liability for individuals who finance a new or used vehicle. GAP coverage protects against financial loss in the event that your vehicle is damaged beyond repair (totaled) or stolen and never recovered. With GAP coverage, the loans uninsured balance is then waived.