AD&D Insurance

Sound Credit Union wants to help protect your family with $2,000 INSURANCE COVERAGE PAID FOR YOU BY SOUND CREDIT UNION

As a Sound Credit Union member age 18 or older, you can help protect your family’s financial future with Accidental Death and Dismemberment (AD&D) Insurance underwritten by Minnesota Life Insurance Company. In addition to the $2,000.00 Credit Union Paid coverage, you can purchase Additional Coverage at group rates.

• You are pre-authorized for Additional Coverage up to $300,000
• Your acceptance is guaranteed – No Medical Exams or Health Questions
• Benefits are paid to your beneficiary if you die from a covered accident

You cannot be turned down for the Credit Union Paid Coverage —or any additional coverage you may select. All coverage reduces by 50% at age 70 and older, regardless of age at enrollment.

Auto Insurance

From Travelers

As a member of Sound Credit Union, you could save an average of $550* on auto insurance. This Travelers program offers low rates and money-saving discounts such as:

• Sound Credit Union Member Discount
• Good Driver Discount
• Good Student Discount
• Hybrid/Electric Vehicle Discount
• Multi-Policy Discount

Boat Insurance is also available.

Home Insurance

From Travelers

You could enjoy the added savings and convenience of working with one company for all of your personal insurance needs.

Ways to save on our Homeowners Policy include:

• Sound Credit Union Membership
• Multi-Policy Discount
• Home Buyer Discount
• Loss-Free Discount
• Protective Device Discounts

Guaranteed Asset Protection (GAP)

If your vehicle is stolen or totaled, insurance may only reimburse for the value of your car, which may not cover the full amount of your auto loan.

GAP steps in to reduce or eliminate any out-of-pocket expense for the remaining loan balance after a total loss occurs.

• Flat fee that can be financed into most loans (or purchased with cash)
• Protects your credit rating
• Covers losses that your primary insurance company may not
• Hassle-free, with no underwriting
• Ability to purchase a replacement vehicle sooner because there is little to no carry-over balance

• Reduces the loan of a replacement vehicle, if financed with Sound within 90 days
• Guaranteed benefit if there is no deficiency balance owed

• Pays up to $500 per loss when a loss is filed and paid by your insurance
• ADR coverage extends to ANY automobile you own and insure
• 3-year coverage term

Major Mechanical Protection (MMP)

No matter how well you maintain your vehicle, mechanical breakdowns can happen. For a few dollars a month, know that if it happens you’ll be covered. Plus, as a Sound member, you can benefit from preferred pricing on your major mechanical coverage.

Major Mechanical Protection includes:

• Full coverage for parts and labor on authorized repairs
• Emergency road service
• Rental reimbursement
• Nationwide coverage
• Hassle-free, with no underwriting
• Cost of warranty can be rolled into your monthly payment
• Transferable: warranty can stay with the car if you sell it to a new owner

Payment Protection

Even the most responsible person can be hit with bills they can’t pay, damage to their credit score, and even repossessions when unexpected illness, injury, or death inhibits their ability to earn a paycheck.

Payment Protection can help you minimize the impact of the unexpected. In most cases Payment Protection can:

• Eliminate all or part of your remaining loan balance
• Protect your credit rating as loan payment obligations are made on your behalf
• Prevent late fees
• Protect your family and your possessions
• Free up extra cash when it’s most needed
• Pay benefits in addition to any other protection you may have

Payment Protection is affordable, may cover both you and your co-borrower, and is part of your regular payment—giving you one less thing to think about.