Insurance Services

•  Credit Life and Accident & Sickness Insurance
•  Group Life & Accidental Death & Dismemberment Insurance
•  Guaranteed Auto Protection (GAP) Insurance
•  Excess Coverage: The Credit Union Advantage
•  Providing Proof Of Auto Insurance?

Credit Life and Accident & Sickness Insurance

USPS  FCU also recommends considering Credit Life and Accident & Sickness Insurance for your Credit Union loans. We offer it for any loan at very reasonable rates. Follow the link to find out more.

TOP

As an eligible Credit Union member, you are entitled to receive a $1,000 coverage of Group Life Insurance and Accidental Death and Dismemberment Insurance at NO cost to you! Your Credit Union pays the premiums. Additional coverage is available at your expense. The payments will be automatically withdrawn from your account. Simply contact the Credit Union office for more information or stop by your nearest Credit Union office.

TOP

Guaranteed Auto Protection (GAP) Insurance

Guaranteed Auto Protection (GAP) is a voluntary program we offer for your new or used vehicle loan. This financial protection covers the difference in the balance on a car and its declared value in the event that it is damaged beyond repair or stolen and never recovered.

No matter how terrific a car is, the minute you drive it out of the showroom it is worth less. Depending on where you live, the established market value could be less than the actual balance you owe on your car. With GAP Insurance, if your car is a loss, the deficiency will be covered. That includes the difference between the market value of the car and the loan balance, less delinquent payment, late charges, refundable warranties, and other insurance related charges. It will also cover the insurance deductible up to $1,000 if a deficiency exists.

When you are applying for your auto loan, ask about GAP Insurance.

This protection is available through Balboa Insurance of Irvine, CA. If you have questions, please call your USPS FCU office. We'll be glad to explain.

Excess Coverage: The Credit Union Advantage

Great rates and friendly service are just two good reasons to choose USPS FCU as your primary financial institution. We'd like to give you another reason — Excess Share Insurance coverage. A product unique to Credit Unions, Excess Share Insurance provides an additional $250,000 of protection above the federal government's limit $100,000– a total of up to $350,000. Even better, the coverage also protects up to an additional $250,000 over the government’s $250,000 limit on IRA accounts – a total up to $500,000!

This added protection is made available through our affiliation with the Excess Share Insurance Corporation (ESI), a licensed property and casualty insurer.
ESI's extended coverage offers the convenience of maintaining all of your
savings at one financial institution without sacrificing insurance protection.

TOP

Providing Proof Of Auto Insurance?

USPS FCU requires proof of insurance on all auto loans. If you still need to provide proof of insurance, choose one of the following ways:

• Call or have your agent call 1-800-523-6404
• Visit our verification website at www.myinsuranceinfo.com
• Fax a copy of your insurance policy to us at 1-866-319-1597

Please be sure your insurance agent has listed the Credit Union as the lien holder, and has the Credit Union address as:

U. S. Postal Service FCU
7905 Malcolm Rd., Suite 311
Clinton, MD 20735