We know that life can be unpredictable and accidents happen. But at Tower, we can help you be prepared for life’s unexpected events. Our vehicle protection options give you peace of mind knowing that your assets are protected and help you avoid costly out of pocket expenses for the “what-ifs” in life.
Your totaled vehicle doesn’t have to be a total loss with GAP Advantage with PowerBuy.
In the event of a total loss or theft, Tower’s GAP Advantage with PowerBuy can pay up to the remaining balance of your vehicle loan after your insurance payout AND provide you with additional funds to finance your next vehicle with Tower.
With Extended Warranty (Service Contract) from Tower, you can protect yourself from the expense of unexpected repairs long after your basic manufacturer’s warranty has expired. Coverage can be tailored to meet your driving habits and include extras like Roadside Assistance, rental car reimbursement, lockout services and emergency tire repair. Plus, coverage is fully transferable, increasing the resale value of your vehicle.
Tower’s Loan Payment Protection protects you and your family when an unexpected tragedy occurs. Payment protection can pay off your loan in the event of death, or make payments on your behalf in the event of disability or other protected events.
Payment Protection can help safeguard you and your loved ones by covering your loans if you or your co-borrower are unable to make payments.
Available packages include:
- Life
- Life and Disability
- Life, Disability and Involuntary Unemployment
- Life, Disability and Family Medical Leave
All packages include Funeral Concierge Service as an added benefit.
Your purchase of Loan Payment Protection is optional. Whether or not you purchase Loan Payment Protection will not affect your application for credit or the terms of any existing credit agreement you have with Tower. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under Loan Payment Protection. You should carefully read the contract for a full explanation of terms.
Cost is included in your loan payment.
Not a member of Tower Federal Credit Union yet? See if you are eligible to join!
For further assistance, please visit a branch or call our Member Service Center at 301-497-7000 or 866-56-TOWER.