Business Details
Trusted Insurance Partner for Credit Unions
Freimark & Associates has built its reputation on delivering tailored insurance solutions specifically designed for credit unions and their members. Our Ohio-based agency combines the personalized service of a local operation with the advanced technological capabilities of national carriers, ensuring credit unions receive both responsive support and modern insurance administration tools. With decades of experience in the insurance industry, we specialize in credit life/disability insurance, collateral protection, GAP coverage, and mechanical breakdown protection programs.Our team provides comprehensive training, claim management assistance, and direct-mail insurance programs to help credit unions enhance member benefits while simplifying compliance processes. Headquartered in Dayton, Ohio, we serve credit unions across Ohio, Arkansas, and Louisiana, maintaining a commitment to putting member needs above corporate interests.
Services
Credit Life Insurance
Credit Disability Insurance
Collateral Protection Insurance
GAP Coverage
Mechanical Breakdown Insurance
Direct-Mail Programs
Loan Tracking Systems
Claim Management
Insurance Administration
Member Benefits Programs
Highlights and features
- We provide credit union-specific insurance programs developed over 30+ years of industry experience
- Our automated loan tracking systems integrate with five-way cross-reference technology for accurate coverage matching
- We combine local responsiveness with national carrier technological capabilities
- Our team offers dedicated claim management and compliance support for credit unions
- We serve multiple states while maintaining personalized service relationships with each credit union
Services
Credit Life Insurance
Credit life insurance provides coverage for credit union members' loans, paying the remaining balance if the borrower passes away during the loan term. This optional coverage applies to signature loans, collateral loans, home equity loans, and credit card balances. Our program helps credit unions offer valuable protection while maintaining compliance with regulatory requirements.
Collateral Protection Insurance
Collateral protection insurance ensures proper coverage for vehicles and other assets securing credit union loans. Our automated system with five-way cross-reference technology matches insurance documents to collateral loans, reducing compliance risks. This program provides credit unions with accurate tracking and reporting capabilities while maintaining the personal service they expect.
GAP Coverage
GAP coverage protects credit union members when vehicle loan balances exceed the actual cash value of their vehicles. Our Guaranteed Auto Protection Plus program covers the difference between insurance payouts and remaining loan balances after accidents. This valuable supplement to standard auto insurance helps credit unions protect members from financial exposure on vehicle loans.
Mechanical Breakdown Insurance
Mechanical breakdown insurance covers unexpected repair costs for credit union members' vehicles. Our program offers named component coverage or exclusionary protection that extends beyond manufacturer warranties. This valuable coverage option helps credit unions provide members with financial protection against expensive mechanical failures and repair costs.
Direct-Mail Programs
Our direct-mail insurance programs reward credit union members with valuable coverage options delivered directly to their homes. Administered through Affinion Benefits Group, these programs offer credit unions an effective way to enhance member benefits while maintaining compliance. The programs provide credit unions with additional revenue streams while delivering meaningful protection to account holders.
Questions
What insurance products do you offer credit unions?
We offer credit life/disability insurance, collateral protection insurance, GAP coverage, mechanical breakdown insurance, and direct-mail programs specifically designed for credit unions.
How do you help credit unions with loan tracking?
Our automated system with five-way cross-reference technology accurately matches insurance documents to collateral loans, reducing compliance risks and improving tracking efficiency.
Do you serve credit unions outside Ohio?
Yes, we serve credit unions in Ohio, Arkansas, and Louisiana with local offices in Dayton, Cincinnati, Little Rock, and Fort Smith.
How do you combine local and national capabilities?
We maintain local responsiveness through regional offices while offering the technological features and benefits typically available only from national insurance carriers.
What support do you provide credit unions?
We offer training, claim management assistance, compliance support, and personalized service to help credit unions implement and maintain their insurance programs effectively.
