CUNA News
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • Credit Union Magazine
    • Buyers' Guide
    • COVID-19
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • Advertise
  • Topics
    • Community Service
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Contact

News

Home » Grace period extension helps consumers during unprecedented times
Mercury Mechanical Protection

Grace period extension helps consumers during unprecedented times

Going the extra mile helps customers.

August 21, 2020
No Comments

Mercury Mechanical Protection is extending the time to file a covered Mechanical Protection claim. Members with contracts set to expire between March 19 and July 31, 2020, could file a claim up until Sept. 1, 2020.

“As a result of many schools, jobs, and hobbies going remote due to the pandemic, most people weren’t operating their vehicle as they usually would,” says Jim Donaldson, general manager of Mercury Insurance mechanical protection division. “Without their daily commutes, people may not notice a mechanical failure until it’s too late.”

While there have been state mandates on insurance products that extend the grace period for premium payments, Mercury is one of the first vehicle service contract providers to extend the claim period for vehicle service contracts and mechanical breakdown insurance.

“Many people are still adapting to the ‘new normal’ of pandemic life, including adjusting to a possible shift in income as the job market is affected,” Donaldson continues. “A mechanical breakdown could greatly impact a household budget. We want to go the extra mile to support our customers during this unprecedented time, when they may need it most.”

Mercury’s mechanical protection plans can help extend the life of a vehicle by serving as an extended warranty that takes care of certain covered repair costs following a mechanical breakdown. Each plan also provides additional benefits at no extra charge, including 24-hour roadside assistance, trip interruption coverage, and nationwide protection. Mechanical Protection policies are available in 49 states

For more information, visit mercurymechanicalprotection.com.

Post a comment to this article

Report Abusive Comment

Credit Union Magazine: Spring 2023

Spring 2023

Credit Union Magazine’s Spring 2023 issue features the 2023 Credit Union Heroes and examines CUNA-League advocacy priorities, board leadership, the impact of financial well-being efforts, fee-related compliance issues, predictions for the year ahead, and more.
Digital Edition •  Subscribe

Trending

  • Compliance: FinCEN issues issue BOI reporting guidance

  • Bill would establish ‘appropriate compliance timeline’ for section 1071

  • CUNA Mascot Madness: See the West winner and vote for the South champ

Tweets by CUNA_News

Polls

CUNA Mascot Madness: Which South Region mascot is your favorite?

View Results
More

Champion for the Credit Union Movement

Credit Union National Association is the most influential financial services trade association and the only national association that advocates on behalf of all of America's credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • Membership
  • Contact Us
  • Careers

Resources for

  • Credit Union Advocates
  • Leagues
  • Press
  • Providers

Our Affiliates

  • American Association of Credit Union Leagues (AACUL)
  • Credit Union Awareness
  • Credit Union House
  • CUNA Strategic Services
  • National Credit Union Foundation
GET CUNA UPDATES
© 2023 Credit Union National Association | ADA Compliance Notice & Legal
Email Us