Insurance Products

Best Reward Federal Credit Union offers supplemental insurance products with YOUR needs in mind.

Credit Life & Credit Disability Insurance

Secure Your Loans!

MEMBER’S CHOICE® Credit Life & Credit Disability Insurance helps give you the security of knowing repayment won’t be left to loved ones should something happen to you.

Credit Life and Credit Disability Benefits Include:

Immediate Coverage for Eligible Members
Insurance That Helps Give You Peace of Mind
Complements Existing Insurance

Ask your Best Reward Loan Officer for full benefits and details!

Learn More

Obtain Your FREE, No Obligation Quote

Credit Life and Credit Disability Insurance, underwritten by CMFG Life Insurance Company (Home Office: Waverly, IA), is optional to purchase 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 Group Policy for a full explanation of the terms. Base Policy Nos. CI-MP-POL, CI-SP-POL, B3a-830-0996, B3a-800-0695, B3a-800-0288, CI-MP-CE POL; CI-MP-OE-CC- POL; CI-MP-OE-POL; B3a-800-0992. VT only: Claims may be filed by contacting your credit union. If you have questions regarding your claim status, contact CMFG Life at 800.621.6323. Only a licensed insurance agent may provide consultation on your insurance needs.

GAP (Guaranteed Asset Protection)

Don’t let a wrecked vehicle wreck your finances.

Guaranteed Asset Protection (GAP) is a great way to protect your finances if the value of your vehicle is less than the amount of your car loan. A good rule of thumb is to assume your new vehicle will depreciate more than 20% after the first year you own it, half of which occurs the minute you drive it off the lot.

This leaves a gap between what you owe on your loan and the value of your vehicle if it’s deemed a total loss due to an accident or theft. Our GAP program may reduce or eliminate the gap between what your vehicle insurance will pay and what you owe on your loan. Plus, it helps you get into your next vehicle by reducing your loan at the credit union by $1,000.

Contact your Best Reward Loan Officer to learn more about adding GAP Plus to your vehicle loan so you can worry less about tomorrow!

Learn More

Obtain Your FREE, No Obligation Quote

GAP is not insurance; it is an optional debt cancellation product. GAP will not affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP Fee to the amount financed under your contract will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid. GAP purchased from state-chartered credit unions in FL, GA, IA, IN, UT, VT, and WI may be with or without a refund provision. Prices of the refundable and non-refundable products are likely to differ. If you purchase a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee. GAP purchased from state-chartered credit unions in CO, MO or SC may be canceled at any time during the loan and receive a refund of the unearned fee.

MRC (Mechanical Repair Coverage)

It Pays to be Prepared!

Car problems are inconvenient and expensive so be prepared. Smart drivers are choosing MEMBER’S CHOICE® Mechanical Repair Coverage. It helps protect you against many of the costly repairs no longer covered by your vehicle’s manufacturer’s warranty. Purchasing Mechanical Repair Coverage may be a wise decision and could ultimately save you thousands of dollars in future repair costs.

Ask your Best Reward Loan Officer for more details and enroll today!

Learn More

Obtain Your FREE, No Obligation Quote

Mechanical Repair Coverage is provided and administered by Consumer Program Administrators, Inc. in all states except CA, where coverage is offered as insurance by Virginia Surety Company, Inc., in NH, where coverage is provided and administered by Consumer Program Administrators, Inc. dba Consumer Warranty Program Administrators, in TX, where coverage is provided and administered by Consumer Program Administrators, Inc. dba The Administrators of Consumer Programs (TX License #175), in FL and OK, where coverage is provided and administered by Automotive Warranty Services of Florida, Inc. (Florida License #60023 and Oklahoma License #44198051), and in WA, where coverage is provided by National Product Care Company and administered by Consumer Program Administrators, Inc., all located at 175 West Jackson Blvd., Chicago, Illinois 60604, 1-800-752-6265. This coverage is made available to you by CUNA Mutual Insurance Agency, Inc. The purchase of Mechanical Repair Coverage is optional. This document provides general information about Mechanical Repair Coverage and should not be solely relied upon when purchasing coverage. Be sure to read the Vehicle Service Contract or the Insurance Policy, which will explain the exact terms, conditions and exclusions. Coverage varies by state. Replacement parts may be new, used, non-OEM or remanufactured of like kind and quality.

TruStage Insurance Program

You trust your credit union to offer products and services to help you do more with what you have. That's why we've joined with a dedicated team of insurance professionals to bring you the TruStage Insurance Program.

AD&D (Accidental Death & Dismemberment) Insurance

Accidents Can Happen. Be Prepared. AD&D pays a cash benefit in the event of a covered injury or death due to an accident.

Benefits Can Include:

A Hospital Benefit
Inflation Protection
Education Assistance
Childcare Assistance

Acceptance is guaranteed for credit union members age 18 and over and there is no physical examination or health questions.

Obtain Your FREE, No Obligation Quote

TruStage™ Accidental Death and Dismemberment Insurance is issued by CMFG Life Insurance Company. The insurance offered is not a deposit, and is not federally insured, sold, or guaranteed by any financial institution. Product and features may vary and not be available in all states. Corporate Headquarters 5910 Mineral Point Road, Madison, WI 53705. Base Policy Form Numbers: ADD-2018-POL, ADD-2018-POL(OR), 2018-ADD-POLRDR-CI, 2018-ADD-POLRDR-CNR, E10-ADD-2012, E10a-ADD-2012-LSCU, E10a-014-2012, E10a-014-2012(OR), E10a-015-2012, F10a-015-2012-1(WA).© TruStage

Auto Insurance

You want car insurance that you can depend on and rates you can afford.

Discounts Include:

Credit Union Member Discount
Multi-Car Discount
Anti-Lock Brakes
Air Bags, Automatic Seat Belts

Plus You'll Receive:

24/7 Claims Service
24-Hour Roadside Emergency Assistance Coverage*
Guaranteed Repairs at Network Shops

If you haven't compared your auto insurance lately, it's a great time to take a look. Your credit union membership could result in some nice savings.

Obtain Your FREE, No Obligation Quote

Auto and Home Insurance Products are issued by Liberty Mutual Insurance Company, 175 Berkeley Street, Boston, MA. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. Liberty Mutual Copyright 2023. Discounts are not available in all states and discounts vary by state. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state laws and regulations allow. Please consult your policy for specific coverage and limitations. The insurance offered is not a deposit, and is not federally insured, sold, or guaranteed by any financial institution. © TruStage

Home Insurance

Whether you live in a house or a high rise, you want reliable insurance protection at rates you can afford. This program offers discounts, personalized service and fast 24/7 claims service (including holidays). You can even get Identity Theft protection - all at a price that you can afford.

Obtain your FREE, No Obligation Quote

Life Insurance

Life insurance is an important part of a financial safety net you can provide your loved ones in the event of your passing. Life insurance helps provide peace of mind, knowing that your beneficiaries will receive money, when they need it most.

It pays your beneficiaries money, which can be used for any purpose.

Provides Cash for Daily Living Expenses
Funds Your Children's Education
Meets Monthly Mortgage Payments
Protects Your Loved One's Future

Obtain Your FREE, No Obligation Quote

TruStage™ Life Insurance is issued by CMFG Life Insurance Company, MEMBERS Life Insurance Company, and other leading insurance companies. The insurance offered is not a deposit, and is not federally insured, sold, or guaranteed by any financial institution. Product and features may vary and not be available in all states. All guarantees are based on the claims-paying ability of the insurer. Corporate Headquarters 5910 Mineral Point Road, Madison, WI 53705. © TruStage