- Pays off the loan in the event of the
death of the insured
- Your estate is provided with a free
and clear title to the vehicle
- Your estate inherits an asset, not a
liability
- Provides protection for the co-signer
- No physical required
- No occupational restrictions
- Not rated by age, job, hobbies,
health, gender, or smoking status
- Pays in addition to any other
coverage you may already have
- Coverage begins immediately
- Refund of unused portion (rule of
78's)
- Cannot be canceled by the company,
only by the insured
- Protects your savings account
- Protects your family's credit rating
in the event of your death
- Protects your investment
- Protects your existing insurance
coverage
- Benefits are non-taxable
- Unearned finance charge returned to
estate
- Tailored to the loan amount
- Not paying for more coverage than you
need
- Pays directly to creditor
- Conveniently included in monthly
payments
- Peace of mind
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