EFCU Debt Protection
Eglin FCU Debt Protection is a voluntary loan protection product that will cancel or waive your loan payment(s), up to the contract maximums if a protected event such as disability, loss of life, or involuntary unemployment occurs. Eglin FCU Debt Protection may be added to your existing loan(s) at any time.
To purchase Eglin FCU Debt Protection, call 850.862.0111 or 800.367.6159800.367.6159 and select Option 2.
How Debt Protection Can Help
Guaranteed Asset Protection (GAP)
In the event your vehicle is stolen or accidentally damaged beyond repair, GAP will help cancel the difference between the primary insurance company's settlement and what you may still owe on your loan. GAP can be added to your EFCU loan at any time and is available for $325*. Setting up GAP coverage is quick and easy, just call 850.862.0111 and select Option 2 or email Member Services and let us know you're interested.
Your purchase of MEMBER'S CHOICETM Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of GAP. If you choose GAP, adding the product fee to your loan amount will increase the cost of GAP. You may cancel the protection at any time. If you cancel protection within 90 days you will receive a full refund of any fee paid. You will receive additional information before you are required to pay the fee for this product.