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Loan Payment Protection & More

Loan Payment Protection

You have dreams for you and your family – a happy retirement, college plans, a new car. But have you considered how you or your family would cover your financial obligations, such as the payment on your Auto Loan, Home Equity Loan, or Credit Card if you fell victim to an unfortunate event? First Financial's Loan Payment Protection program can help when the unexpected hits.

Life Coverage – Accident & Illness Balance Cancellation
Loan Payment Protection cancels your eligible loan balance up to the agreement maximum, should you die from a protected illness or injury before paying off your loan.

Disability – Payment Cancellation
If you become disabled due to a protected illness or injury, Loan Payment Protection cancels your monthly loan payments, up to the agreement maximum.

Disability & Involuntary Unemployment – Payment Cancellation
If you become disabled due to a protected illness or injury or become involuntarily unemployed, Loan Payment Protection will cancel your monthly loan payment, up to the agreement maximum.

Guaranteed Asset Protection (GAP) Insurance
GAP insurance is intended to cover the difference between the amount you owe on your Auto Loan and the amount the insurance company would pay if your car is stolen or totaled. Standard auto insurance typically only pays an amount up to the value of your vehicle. Our MEMBERS CHOICE™ GAP insurance would cover the loss if your loan balance is higher than the value of the vehicle.* Enroll in our MEMBERS CHOICE™ Guaranteed Asset Protection (GAP) program, and ensure discounted protection for the life of your auto loan - when you opt into the program upon your loan closing.
  • Don’t let unexpected events jeopardize your financial stability. Enjoy peace of mind knowing that your auto loan payments are protected.
  • Get started by contacting our Loan Department at the phone number below or at your local branch.
First Financial has made our Loan Payment Protection benefits available in a variety of packages, and you can choose a combination that suits your needs. Please contact us at 732.312.1500 – Option 4, for more details or to get started.

This is a summary of our Payment Protection Programs. Enrollment is voluntary and not required to obtain a loan. Payment Protection is a debt cancellation product available through CUNA Mutual Group/TruStage Insurance. Please contact your First Financial loan representative, or refer to your Member Agreement for additional information on benefit maximums, eligibility, and limitations.
*Your purchase of MEMBERS CHOICE™ Guaranteed Asset Protection (GAP) is optional and will not affect your loan application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply.

Mechanical Repair Coverage

As vehicles get older and miles add up, the likelihood for repairs increases. Mechanical Repair Coverage can help you limit out-of-pocket costs for covered breakdowns.

To research, compare, and buy Mechanical Repair Coverage, visit or call 855.927.0224

You'll get to take advantage of:
  • Convenience - Easy-to-use, 24/7 online shopping experience
  • Customer service - Expert service through a dedicated call center
  • Monthly payments - Convenient monthly payment plan that fits your budget

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 WA, where coverage is provided by National Product Care Company and administered by Consumer Program Administrators, Inc., in FL, LA and OK, where coverage is provided and administered by Automotive Warranty Services of Florida, Inc. (Florida License #60023 and Oklahoma License #44198051), all located at 175 West Jackson Blvd., Chicago Illinois 60604, 800.752.6265. This coverage is made available to you by CUNA Mutual Insurance Agency, Inc. In CA, where Mechanical Repair Coverage is offered as insurance (form MBIP 08/16), it is underwritten by Virginia Surety Company, Inc. Coverage varies by state. Be sure to read the Vehicle Service Contract or the Insurance Policy, which will explain the exact terms, conditions, and exclusions of this voluntary product.