Insurance

SAC Federal Credit Union offers these optional insurance programs to our members at a reasonable cost through specific relationships with contracted vendors:

Accidental Death and Dismemberment Insurance (AD&D)

Accidents can have devastating effects on you and your family, especially if it ends in death or dismemberment. When the unthinkable happens, you will be glad you have the right kind of coverage. Through our AD&D plan, we offer coverage benefits to be paid in the event of accidental death, loss of limb, sight or hearing. Plus, as a credit union member, you are eligible for $1,000 in FREE AD&D insurance.

If you need more protection, additional coverage is available at LOW group rates. If you have any questions, call the Plan Administrator Toll-Free at 1-800-860-7182 weekdays, 7:00 a.m. to 8:00 p.m. and Saturdays, 8:30 a.m. to 5:p.m., CST.

Guaranteed Asset Protection (GAP)

Protect your vehicle investment, not just its value. You could lose more than your vehicle, boat, motorcycle, or RV if it is stolen or involved in a major accident. You could lose your investment. Because insurance policies only cover the value of your vehicle – something that rapidly declines the first few years of ownership – your loan or lease balance could be higher than the value of your vehicle. Now you can protect yourself with Guaranteed Asset Protection (GAP).

GAP is a non-insurance product and is made available via a loan/lease deficiency waiver that covers the “gap” between the vehicle’s value and the amount you still owe.

For more information, call (402) 292-8000.

Mechanical Breakdown Protection

As a member of SAC Federal Credit Union, you have the ability to protect your vehicle against costly repairs by purchasing Mechanical Breakdown Protection. In most cases, there are various levels of plans that offer you protection against mechanical breakdowns on new and pre-owned vehicles. For more information, call (402) 292-8000.