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GUARANTEED ASSET PROTECTION (GAP)

GAP helps ensure payoff of your credit union loan if your vehicle is totaled or stolen.

Typically, when a vehicle is stolen or considered a total loss, your insurance company will pay only the actual cash value of the vehicle.  This amount is often considerably lower than the loan balance.  The borrower will be responsible for paying the deficit. GAP is designed to pay off the principal balance. (Coverage is offered through Allied Solutions.)

Contact us or your NWFCU loan officer to learn more about guaranteed asset protection.

Northwest Financial and Northwest Federal Credit Union are not registered broker/dealers and are not affiliated with LPL Financial.

   
   
 

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© 2008 Northwest Financial LLC. All rights reserved.

Access to securities and insurance products provided by Northwest Financial Group, a registered broker/dealer, member FINRA/SIPC. Northwest Financial Group is a subsidiary of Northwest Financial LLC, a wholly owned subsidiary of Northwest Federal Credit Union. Securities and insurance products are offered through LPL Financial and its affiliates, member FINRA/SIPC. LPL Financial has contracted Northwest Financial Group to refer securities and insurance business to LPL Financial. Northwest Financial LLC and Northwest Federal Credit Union are not registered broker/dealers and are not affiliated with LPL Financial. Not NCUA insured. No credit union guarantee. May lose value.

Loan protection and tax preparation services are not affiliated or endorsed by LPL Financial.

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