Guaranteed Asset Protection (GAP) Plus

A wrecked vehicle can wreck your finances. Guaranteed Asset Protection (GAP) Plus can help.

Our GAP program can help cushion you and your family against sudden out-of-pocket expenses and goes beyond traditional GAP protection. Here’s how it works.

GAP Plus can help fill the gap between what your vehicle insurance will pay and what you owe on your loan, if your vehicle is deemed a total loss. Plus, it helps you get into your next vehicle by reducing your next loan at RBFCU by $1,000 or more.

Get GAP Plus today so you can worry a little less about tomorrow.

Get a GAP Plus quote

To add this coverage, contact our Consumer Lending Center at 1-800-580-3300.

 

FAQ FAQs

1Car Depreciation — 5 Things to Consider, CARFAX, May 18, 2017.

Your purchase of MEMBER’S CHOICE Guaranteed Asset Protection (GAP) is optional and 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 your loan amount 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, RI, T, 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 choose 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 l an and receive a refund f the unearned fee.

GAP purchased from state-chartered credit unions in IN may be with or without a refund provision. If the credit union offers a refund provision, you may cancel at any time during the loan and receive a refund of the unearned fee.