Loan Protection

Loan Protection Products Offered at NorState FCU

NorState Debt Protection Plus

If a protected life event happens to you (and your’re a protected borrower or co-borrower on the loan), NorState Debt Protection Plus will cancel or waive your loan payment(s), up to the contract minimums----helping to lessen your worries, and your family’s worries, about paying loans during a time when your income may be reduced or lost and paying other household bills becomes challenging.  Protected events include:

  • Loss of Life
  • Disability
  • Involuntary unemployment

 GAP (Guaranteed Auto Protection)

Helps you bridge the gap between the amount you owe on your vehicle and the amount your auto insurance company pays.  Applies to all new or used vehicles, lease or purchased.

Auto Exam

When buying any vehicle, there is always a chance of having a mechanical breakdown.  Mechanical breakdowns can be very expensive to repair.  With a vehicle service contract (warranty), you can add protection against the unexpected high cost of vehicle repairs, and in some cases eliminating the cost altogether.