Depreciation Protection


Ideal if you put money down, have equity in your vehicle, or make accelerated loan payments, Depreciation Protection kicks in if your vehicle is ever totaled or stolen and not recovered at anytime over the life of the loan. It waives some or all of your loan balance in the event of the total loss of your vehicle. The waiver benefit is equal to the difference between your vehicle’s MSRP or retail value at the time of Depreciation Protection purchase, less the amount of your loan balance at the time of total loss. (The benefit cannot exceed the Depreciation Protection addendum limit or your outstanding loan balance at the time of total loss.)


  • Benefit triggered by collision or comprehensive total loss, including theft
  • Life of loan protection
  • No mileage, make or year restrictions
  • Open enrollment
  • 100% refundable for first 60 days
  • Accidental Death protection included, which provides for cancellation of up to $1,000 of your outstanding loan balance if you die in an accident
  • Auto Deductible Reimbursement allows you to request reimbursement for paid auto insurance deductibles up to $500 each, with no limit on the number of deductibles reimbursed. Having this service on one loan also covers all other vehicles titled to you.

To find out more about Depreciation Protection, call 269.382.7800 or visit any branch.

Your purchase of the Depreciation Protection Waiver is optional. Whether or not you purchase this product will not affect your application for credit or the terms of any existing credit agreement you have with us.

GAP Advantage

In most circumstances, your vehicle is worth a lot less the second you drive it off the lot. Protect the investment made in your vehicle with GAP Advantage.


Guaranteed Asset Protection Advantage, or GAP Advantage, is a voluntary, non-insurance program offered as protection on a new or used vehicle that is financed or leased. It is a supplemental benefit that enhances, rather than replaces, your standard comprehensive, collision, or liability coverage. GAP Advantage waives the difference between your primary insurance carrier’s settlement and the payoff of your loan. In other words, it protects the “gap” between your vehicle’s value and the amount you still owe in the case it is damaged beyond repair or stolen and never recovered. GAP Advantage also provides you with a $1,000 credit towards the financing of a replacement vehicle if financed or leased with the same financial institution.


Depending on where you live, the established market value of your vehicle could be less than the actual balance you owe. In the event of a total loss or theft, GAP Advantage waives the difference between your primary insurance carrier insurance settlement and the payoff of your loan or lease, less delinquent payments, late charges, refundable service warranty contracts and other insurance related charges. Included in the deficiency balance is the deductible up to $1,000.

To find out more about GAP, call 269.382.7800 or visit any branch.

$36,230 in claims paid to KALSEE members in 2017

Your purchase of GAP Advantage is optional. Whether or not you purchase this product will not affect your application for credit or the terms of any existing credit agreement you have with us. We will give you additional information before you are required to pay for GAP Advantage. This information will include a copy of the GAP Waiver Addendum which will contain the terms and conditions of GAP Advantage benefit. There are eligibility requirements, conditions and exclusions that could prevent you from receiving GAP Advantage benefits. You should carefully read your GAP Waiver Addendum Form for a full explanation of the benefits, rules, terms and conditions of the program.

Route 66 Extended Warranty for Mechanical Breakdown

Even the most reliable vehicle can develop a mechanical problem. No matter where in the U.S. you travel, we protect you against major mechanical expenses, with no deductible on covered parts or labor.

  • Multiple plans available
  • Zero deductible
  • Nationwide coverage
  • 24/7/365 emergency roadside service
  • 30 day money-back guarantee
  • Transferable
  • Direct claims payments
  • Rental car allowance

Call 269.382.7800 or visit any branch to add Route 66 to your auto loan.

$13,339 in claims paid to KALSEE members in 2017

Debt Protection

Life is unpredictable. There are a wide range of unexpected events that could leave you and your family scrambling to pay monthly bills. That’s why it is important you take action to safeguard your family against these types of events to ensure loan payments can be made on time. That’s where Debt Protection comes in. With this program, your loan balance or monthly payments may be canceled without penalty or added interest. You benefit from the peace of mind knowing you and your credit rating are protected – and most importantly – that your family is protected.

Debt protection is available for closed-end consumer loans if the loan has a term of 180 months or less; consumer lines of credit; and credit cards. There are several plans to choose from. For more info or to get started, call 269.382.7800 or visit any KALSEE branch.

$73,806 in claims paid to KALSEE members in 2017

TruStage Insurance Services

Life Insurance

Any amount of coverage can help protect your family. Life insurance could help give you peace of mind today and provide income-tax free money for your family if you die. It could ease the burden of expenses you might leave behind like funeral costs, mortgage payments or unpaid debts.

Auto Insurance

Credit union members may qualify for special discounts on car insurance. Find out how much you could save if you switch. Combine your coverage with another car or home policy, and you could save even more.

Home Insurance

It’s easy to switch and save. If you haven’t gotten a home insurance quote lately, your credit union membership could result in some nice savings.

$305,254 in claims paid to KALSEE members in 2017

Learn more / Life Insurance
learn more / Auto Insurance
learn more / Home Owners Insurance

Accidental Death & Dismemberment Insurance via Minnesota Life


Enroll Online

As a Kalsee 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.

Remember, the $2,000.00 coverage is at no cost to you. It’s paid by Kalsee Credit Union.

Robert Dudacek, Licensed Insurance Agent #972576-TN