DCCU Routing # 251483311

Member Protection Program

Protect yourself and your family with debt protection

Debt protection is a simple, cost-effective way to cancel your loan balance or reduce your monthly payment if you become disabled, unemployed or pass away. It helps relieve the financial stress for you and your loved ones if life takes an unexpected turn. Depending on the plan you select, our debt protection plan cancels your outstanding balance if you pass away or your monthly payments for a specified period if you become disabled or involuntary employed. 

Why debt protection might be right for you

  • Helps protect your credit rating so you don’t default on a loan
  • It’s convenient, the cost of coverage is included in your monthly payment
  • Reduces your financial risk so your family can focus on what matters most

What is covered?

  • Loss of life: Cancels the outstanding loan balance up to a specified dollar amount
  • Disability: Cancels up to a specific number of monthly payments
  • Involuntary unemployment: Cancels up to a specific number of monthly payments 

All benefits are subject to plan specific maximums. Connect with your loan officer to learn more about specific coverage details. 

What else should I know?
A few key points about debt protection:

  • This is entirely optional coverage, and it won’t affect your application for credit
  • You can cancel anytime. If you cancel within 30 days, any fees paid will be refunded
  • Involuntary unemployment that occurs within 90 days after enrollment will not be covered


Learn more
Contact us to learn how you can help ease your worries and protect your finances with debt protection. 


This product is optional
Your purchase of debt protection is optional. Whether or not you purchase this product will not affect your application for credit or the terms of any existing credit agreement you have with us.

Additional disclosures
We will give you additional information before you are required to pay for debt protection. This information will include a copy of the contract containing the terms and conditions of debt protection.

Eligibility requirements, conditions and exclusions
There are eligibility requirements, conditions and exclusions that could prevent you from receiving debt protection benefits. You should carefully read your debt protection contract for a full explanation of the terms and conditions of the debt protection program. The Contractual Liability Policy is issued by Securian Casualty Company, a New York authorized insurer. Minnesota Life Insurance Company acts as the administrator of the debt protection program. Product availability and features may vary by state. Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries. Minnesota Life Insurance Company is a subsidiary of Securian Financial Group, Inc.

Guaranteed Asset Protection (GAP)

Depreciation can amount to thousands of dollars for most vehicles after purchase. If your car is damaged beyond repair, stolen, or declared a total loss, you could still be paying a balance on your loan. Insurance companies often only pay the current value of the car towards your loan payoff, and may not cover the entire loan amount.

Guaranteed Asset Protection (GAP) can help protect you by paying off the remainder of your loan amount that your insurance may not cover. Benefits include:

  • Only $495 which may be added to your loan amount
  • Protection for your loan term (up to 72 months)
  • Coverage for vehicles valued up to $100,000 at time of purchase
  • Payment of benefits up to $50,000
  • Benefits for new or used vehicles, including: cars, light trucks, motorcycles, and some other motorized vehicles

GAP Plus offers the same benefits as GAP, plus it includes $1,000 towards the purchase of a replacement vehicle when financed by DCCU (where allowed by law).

Ask your DCCU Member Advisor if this coverage is right for you.

Mechanical Repair Coverage

It is difficult to anticipate vehicle repairs and maintenance, and budgeting for these expenses can tie up funds earmarked for other needs. Mechanical Repair Coverage can help to pay for repairs on your vehicle and give you the control to keep your car on the road - where it belongs.

Ask your DCCU Member Advisor if this coverage is right for you.