Loan Protection and Insurance

Protect your assets, secure the future.

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Payment Protection

Rest easy about loan payments during unexpected circumstances.

A loan payment is the last thing you want to think about when an unfortunate event transforms your financial situation. It’s simple to apply for loan relief. It’s voluntary and won’t affect your loan approval.

Payment Protection

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Rest easy about loan payments during unexpected circumstances.

A loan payment is the last thing you want to think about when an unfortunate event transforms your financial situation. It’s simple to apply for loan relief. It’s voluntary and won’t affect your loan approval.

 

Here’s how Payment Protection from WEOKIE has you protected:

Protects unexpected unemployment

If you lose your job due to events outside your control, Payment Protection may cancel your payments for up to three months or $3,000 on the loan.

Protects against disability

In the event of a disabling illness or injury that threatens your financial stability, your loan payment may be canceled for up to 36 months or $36,000 on the loan. * 

Safeguards in the event of death

If the loss of a loved one who opted for protection impacts your ability to make payments on a loan, you could have the entire balance of the loan canceled up to the contract maximums. *

Adds protection for life events

Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, or the loss of life of a non-protected dependent. Speak to a WEOKIE representative for details.

Here’s how Payment Protection from WEOKIE has you protected:

Protects unexpected unemployment

If you lose your job due to events outside your control, Payment Protection may cancel your payments for up to three months or $3,000 on the loan.*

Protects against disability

In the event of a disabling illness or injury that threatens your financial stability, your loan payment may be cancelled for up to 36 months or $36,000 on the loan. * 

Safeguards in the event of death

If the loss of a loved one who opted for protection impacts your ability to make payments on a loan, you could have the entire balance of the loan cancelled up to the contract maximums. *

Adds protection for life events

Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, or the loss of life of a non-protected dependent. Speak to a WEOKIE representative for details.

Payment Protection

Rest easy about loan payments during unexpected circumstances.

A loan payment is the last thing you want to think about when an unfortunate event transforms your financial situation. It’s simple to apply for loan relief. It’s voluntary and won’t affect your loan approval.

 

Here’s how Payment Protection from WEOKIE has you protected:

Protects unexpected unemployment

If you lose your job due to events outside your control, Payment Protection may cancel your payments for up to three months or $3,000 on the loan.*

Protects against disability

In the event of a disabling illness or injury that threatens your financial stability, your loan payment may be canceled for up to 36 months or $36,000 on the loan. * 

Safeguards in the event of death

If the loss of a loved one who opted for protection impacts your ability to make payments on a loan, you could have the entire balance of the loan canceled up to the contract maximums. *

Adds protection for life events

Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, or the loss of life of a non-protected dependent. Speak to a WEOKIE representative for details.

 

Protects unexpected unemployment

  • If you lose your job due to events outside your control, Payment Protection may cancel your payments for up to three months or $3,000 on the loan.*

Protects against disability

  • In the event of a disabling illness or injury that threatens your financial stability, your loan payment may be canceled for up to 36 months or $36,000 on the loan. *
 

 

 

Safeguards in the event of death

  • If the loss of a loved one who opted for protection impacts your ability to make payments on a loan, you could have the entire balance of the loan canceled up to the contract maximums. *
Adds protection for life events
  • Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, or the loss of life of a non-protected dependent. Speak to a WEOKIE representative for details.

 

 

Protects unexpected unemployment

If you lose your job due to events outside your control, Payment Protection may cancel your payments for up to three months or $3,000 on the loan.*

Protects against disability

In the event of a disabling illness or injury that threatens your financial stability, your loan payment may be canceled for up to 36 months or $36,000 on the loan. *

Safeguards in the event of death

If the loss of a loved one who opted for protection impacts your ability to make payments on a loan, you could have the entire balance of the loan canceled up to the contract maximums. *

Adds protection for life events

Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, or the loss of life of a non-protected dependent. Speak to a WEOKIE representative for details.

 

Protects unexpected unemployment

If you lose your job due to events outside your control, Payment Protection may cancel your payments for up to three months or $3,000 on the loan.*

Protects against disability

In the event of a disabling illness or injury that threatens your financial stability, your loan payment may be canceled for up to 36 months or $36,000 on the loan. * 

Safeguards in the event of death

If the loss of a loved one who opted for protection impacts your ability to make payments on a loan, you could have the entire balance of the loan canceled up to the contract maximums. *

Adds protection for life events

Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, or the loss of life of a non-protected dependent. Speak to a WEOKIE representative for details.

 

Loan Protection

You never know what life will throw at you. Protect your auto or personal loan with our affordable options.

WEOKIE’s FREE Online Banking lets you access your accounts online, 24 hours a day, seven days a week.
Plus, FREE access to your credit score - see more below.

Mechanical Breakdown Insurance

What is Mechanical Breakdown Insurance?

A mechanical breakdown insurance policy (MBI) is a true insurance product. Like personal auto or homeowner's insurance, the MBI creates a direct relationship between the vehicle owner and the insurance company. The MBI product coverages and premiums are regulated by California's Department of Insurance, assuring a fair price for the coverage provided. Likewise, administrative underwriting and claim handling functions are subject to the review and control of California's Department of Insurance. This type of product regulation provides a higher level of consumer protection over other types of contracts including those that may be issued at the dealership, which are not generally regulated.

Coverage Advantages

  • Deductibles: $0, $50, $100 or $250
  • Easy Payments: 100% of the cost may be included in your EECU auto loan
  • Transferable/Refundable: The coverage may be transferred to a new private owner (with a transfer fee) or may be cancelled and a prorated refund requested
  • Claims Procedure: Your vehicle may be serviced at any licensed repair facility in the United States or Canada, with prior approval
  • No inspection forms to complete

Coverage may be purchased at any time as long as your vehicle is eligible - certain exclusions apply.

Life is unpredictable. You may worry about unexpected, real-life events that could leave you scrambling to pay your monthly bills. Debt Protection can give you peace of mind by helping to relieve financial pressure. With Debt Protection, your loan or monthly loan payments may be cancelled up to a maximum amount. You select the plan that provides protection due to death, disability or involuntary unemployment.

Benefits of Debt Protection:

Protection

  • Single and joint coverage available
  • Safeguard your family’s financial security
  • Preserve your credit rating

Convenience

  • Add to your monthly payment
  • Simple claims process

Eligibility

  • Protection to age 70
  • A few eligibility questions only, no medical exam
  •  

Your purchase of any of the above ancillary products is optional.  Whether or not you purchase any of these products will not affect your application for credit or the terms of any existing credit agreement you have with us.

 

With online banking, you can:

Rest easy about loan payments during unexpected circumstances.

A loan payment is the last thing you want to think about when an unfortunate event transforms your financial situation. Here’s how Payment Protection from OCCU has you protected:

 

Add Payment
Protection

When you’re approved for a loan with OCCU, you’ll have the option of adding Payment Protection on qualifying loans at any time.

Unexpected
event occurs

Hopefully none of these events occur in your near future, but loss of life, a disability or job loss can happen at any time.

Give OCCU
a call

Reach out to us when a qualifying event makes it difficult to pay your loan. We’re here to help.

Get payments
protected

Depending on the event, we may be there for you and your loved ones for the entire loan or until you recover.

 

Payment protection features

Protects unexpected unemployment

If you lose your job due to events outside your control, Payment Protection may cancel your payments for up to six months or $7,500 on the loan.

Protects against disability

In the event of a disabling illness or injury that threatens your financial stability, your loan payment may be cancelled for up to 12 months or $15,000 on the loan. 

Safeguards in the event of death

If the loss of a loved one who opted for protection impacts your ability to make payments on a loan, you could have the entire balance of the loan cancelled up to the contract maximums.

Adds protection for life events

Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, or the loss of life of a non-protected dependent. Speak to an OCCU representative for details.

Contact us

Is Payment Protection right for you?

There are many factors that make Payment Protection a wise investment for certain vehicle owners including:

  • The size of your loan
  • Your income and savings
  • Eligibility requirements
  • Cost of plan

Have questions?

Want to learn more about Payment Protection? Let’s connect!

Your purchase of Payment Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of Payment Protection. You may cancel the protection at any time. If you cancel protection within 60 days you will receive a full refund of any fee paid.
 

- Review your account history
- Make loan payments
- View copies (front and back) of your cleared checks

 

- Transfer funds between your WEOKIE accounts
- And much more
-Not currently signed up for Online Banking?
 

 

 

-  Check balances
- Review your account history
- Make loan payments
- View copies (front and back) of your cleared checks
- Transfer funds between your WEOKIE accounts
- And much more

Not currently signed up for Online Banking?
Register for Online Banking 

Make sure to add WEOKIE's app for mobile banking for your smartphone after you register for online banking.


 

WEOKIE offers FREE access to your credit score

WEOKIE members may now view and monitor their credit score for FREE!  Simply log in to online banking or mobile banking for an instant, at-a-glance breakdown. At WEOKIE, we love providing our members with tools that make sense for their lives.

           Free Credit Score   ⋅    Free Credit Monitoring   ⋅    Easy-to-read credit summary   ⋅    Does not affect your credit rating    

  

Signing up is easy: 

1. Simply sign in to Online Banking and tap the Accounts menu, scroll down and click "Credit Score".
2.  Read and accept the terms and conditions of use.
3.  Answer a few simple questions to verify your identity.
4.  Once verified, you are set!
Get started today in just a few minutes   through your online banking portal.  Access Online Banking

Not yet a WEOKIE Online user? Click HERE to enroll today.

CLICK HERE to view Frequently Asked Questions.

Guaranteed Asset Protection

If your vehicle is stolen or totaled in an accident, your primary insurance settlement will be based on its actual cash value, not the outstanding loan balance. If you owe more than the insurance company covers, you would have to pay that “gap” out of your own pocket. When you purchase GAP, that deficiency is cancelled.

Understanding and Using a Home Equity Line of Credit to Finance Your Next Big Project

Considering a New Project? 

Whether you're going back to school or making improvements around your house, a HELOC could be a great option to fund your project. Learn more by downloading our free guide. 

Download Your Guide

  • Learn what a HELOC is and how it can help you. 

  • Find out how a HELOC is different from a home equity loan or refinancing.

  • Ready to meet with a lender? Contact a WEOKIE advisor today.

    Federally Insured by NCUA.

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