Alamo Federal Credit Union offers four different types of coverage to suit one’s needs.

MMP Insurance – This Major Mechanical Protection (MMP) plan, also known as an extended warranty, is offered by AFCU for a lower rate than most dealerships.

Some of the Benefits of MMP:

• Eliminates or reduces out-of-pocket expenses

• Major component coverage - engine, transmission, front and rear wheel drive, front suspension, steering, brakes, electrical, and air conditioning

• Comprehensive Coverage

• 24-hour roadside assistance

• Repairs can be performed anywhere in the United States or Canada

• Transferability of your MMP adds to resale value

GAP Insurance – This type of loan protection requires a one-time fee and protects the borrower against financial loss in the event the vehicle is damaged beyond repair (totaled) or stolen and never recovered.

Credit Disability – This type of loan protection covers loan payments in the event the member with coverage becomes injured or sick while at work. The premiums are paid by the member and added to the outstanding loan balance at the end of every month. To be eligible for this coverage, the member with coverage must be out of work for at least 14 days.

Credit Life – This type of loan protection pays the loan in full in the event of claimant’s death. The premiums are paid by the member and added to the outstanding loan balance at the end of every month.