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Insurance Center

Protecting your assets is an important part of your overall financial health plan. One Credit Union offers a variety of solutions through our trusted partners, many with negotiated discounts for your membership at One CU.

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Credit Disability/ Credit Life

Credit Disability Insurance is designed to pay your loan payments (up to the contract limit) if you become ill or disabled and unable to work.

Credit Life Insurance is designed to reduce or pay off the insured balance on your loan in the event of your death.

Protect your family

Protect your family’s financial security in the event of your disability or death. Application is easy and usually done at the time of your loan (though you can add it after). For additional information on eligibility requirements, or other questions, talk to a Loan Officer.

Add CD/CL to my loan


Disclosure:
Insurance products are not deposit products. Insurance products are not insured by the NCUA or by any Federal Government Agency. Insurance products are not guaranteed by One Credit Union. Insurance products may go down in value. 

Guaranteed Asset Protection

When your vehicle is lost or stolen, most insurance companies only cover the current value of your vehicle. Remember vehicle value declines rapidly in the first few years of ownership. This means your loan balance could be higher than the value of your vehicle.

This is called being “upside down.”
Guaranteed Asset Protection (GAP) protects you from this “gap.” GAP is available for almost any type of vehicle you can think of.waldo

Protect your new vehicle

GAP covers the difference between your carrier insurance settlement and the payoff of your loan (including delinquent payments, late charges etc). This includes your insurance deductible, up to $1000! The cost of coverage can more than pay for itself with a single loss.

Application is easy and usually done at the time of your loan (though you can add it after). For additional information, or other questions, talk to a Loan Officer

Add GAP to my loan


Disclosure:
Insurance products are not deposit products. Insurance products are not insured by the NCUA or by any Federal Government Agency. Insurance products are not guaranteed by One Credit Union. Insurance products may go down in value. 

Mechanical Breakdown Protection

Mechanical Breakdown Protection provides protection against mechanical breakdowns above and beyond the original manufacturer's warranty.

Not only is this available for autos, solutions are now also available for motorcycles, ATVs, scooters, snowmobile, personal watercraft and jet boats.


Disclosure:
Insurance products are not deposit products. Insurance products are not insured by the NCUA or by any Federal Government Agency. Insurance products are not guaranteed by One Credit Union. Insurance products may go down in value. 

AD&D Insurance

Accidental Death & Dismemberment Insurance (AD&D) coverage pays you or your loved ones a cash benefit after an accident results in a covered injury or loss of life.

$5,000 of  Accidental Death and Dismemberment Insurance Coverage Is Yours.

One of the exclusive benefits of credit union membership is a no cost policy with $5,000 of coverage, paid for by One Credit Union, and provided by Minnesota Life Insurance Company. And up to $100,000 in additional AD&D coverage is also available for you to purchase at affordable rates. Acceptance is guaranteed, and there are no health questions or medical exam.

Enroll Now

Enroll Now for your no cost or additional protection today. Have questions?  Call toll free (877) 665-7563 to speak to our plan administrator at Selman & Company.  They are open Monday through Friday 9:00 a.m. to 7:00 p.m.


Disclosure:
Insurance products are not deposit products. Insurance products are not insured by the NCUA or by any Federal Government Agency. Insurance products are not guaranteed by One Credit Union. Insurance products may go down in value. 

Auto, Home & Renters Insurance

One Credit Union is proud to partner with Travelers to offer members access to special savings on auto, home, condo, and renters insurance. Even if you think you are already getting a good deal, you could pay less and get better coverage with this program.

It's worth the call to be sure.  Don't pay more than you have to!

 

 

Start saving today.

Click Here to Learn More

9 out of 10 customers who have had a claim would recommend Travelers to others.*

It's fast and easy to find out how much you could save with the Travelers Auto and Home Insurance Program.  And you don't have to wait until your current policy is up for renewal to switch! 


Disclosure:
Insurance products are not deposit products. Insurance products are not insured by the NCUA or by any Federal Government Agency. Insurance products are not guaranteed by One Credit Union. Insurance products may go down in value. 

* Based on Travelers Personal and Business Insurance Auto & Property Policyholder Claim Survey (2016).
Insurance is underwritten by The Travelers Indemnity Company or one of its property casualty affiliates, One Tower Square, Hartford, CT 06183. In CA: Insurance is underwritten by Travelers Commercial Insurance Company, One Tower Square, Hartford, CT 06183, Certificate of Authority # 6519, or Travelers Property Casualty Insurance Company, One Tower Square, Hartford, CT 06183, Certificate of Authority # 6521, State of Domicile: Connecticut. In FL: Homeowners insurance is not currently offered for new business. In TX: Auto insurance is offered by Travelers Texas MGA, Inc. and underwritten by Consumers County Mutual Insurance Company (CCM). CCM is not a Travelers company. Coverages, discounts, special program rates or savings, billing options, and other features are subject to availability and individual eligibility. Not all features available in all areas. © 2018 The Travelers Indemnity Company. All rights reserved. Travelers and the Travelers Umbrella logo are registered trademarks of The Travelers Indemnity Company in the U.S. and other countries.

Collateral Protection Insurance

As part of your loan obligation, you are required to maintain physical damage insurance for the full term of your loan. If you receive a letter from us regarding your insurance, it is because we have not yet obtained proof of acceptable insurance as outlined in your loan agreement. 

Verify Your Insurance Coverage here

To speak to a representative regarding your collateral protection insurance, please call (800) 998-0763. Please have your reference ID number handy. This can be located in the upper right corner of your notice.

What is Acceptable Insurance?

Your Insurance Declaration should show the following:

  • Comprehensive AND Collision Coverage
  • Deductibles for comprehensive and collision (not exceeding $1,000 as set by One CU)
  • One CU listed as loss payee/lien holder as follows:

One Credit Union
Control #1172
PO Box 1764
Carmel, IN 46082

  • Correct collateral description, including the year, make, model and complete VIN
  • Borrower/Insured Name
  • Insurance Company Name
  • Policy Number
  • Coverage effective/renewal date

Disclosure:

Should you fail to maintain the required insurance throughout the life of the loan, One Credit Union may (but shall not be required to and without prejudice to its rights if we do not) purchase a policy for our own protection and pass the cost of the policy on to you, the borrower. One Credit Union may, but is not required to, attempt to contact you prior to purchasing this insurance. One Credit Union, at its option, may add the premium to your loan. This may cause an increase to your regular payments. 

Insurance products are not deposit products. Insurance products are not insured by the NCUA or by any Federal Government Agency. Insurance products are not guaranteed by One Credit Union. Insurance products may go down in value.