Collateral Protection Insurance
What You Need to Know
When you have a loan with Tyndall secured by collateral, such as a home or a vehicle, you will be required to maintain insurance coverage at certain levels until your loan is paid in full.
If you do not provide proof of insurance, cancel your insurance, or your insurance policy lapses, Tyndall will purchase a force-placed insurance policy on your loan to protect your home or auto in the event of a loss. The cost of this insurance will be automatically added to your loan payment and is more expensive than insurance you would purchase on your own. It is important to keep you insurance information updated with Tyndall.
If you receive a letter, text, or email about updating your insurance policy, please use the options below to update. Once you obtain a new insurance policy the force-placed insurance policy will be canceled by Tyndall.
To update or provide proof of insurance, please click the link below.
You can also mail the updated insurance information to the address below.
Collateral Insurance Lien Holder Mailing Address:
Tyndall Federal Credit Union
Attn: Customer Service
P.O. Box 2098
Carmel, IN 46082
www.myinsuranceinfo.com
Telephone (800) 523-6404, Fax (800) 709-4825