Loan Protection Insurance

PREFERRED MEMBER AUTO CLUB

"PROTECTION THAT PROVIDES PEACE OF MIND FOR YOU AND YOUR FAMILY"

  • Payment Protection is debt cancellation, which helps provide financial protection and peace of mind.

    • Features

      • Your loan balance will be reduced or paid in full in the event of your death or terminal illness

      • Your monthly payment may be covered if you become totally disabled and unable to work or involuntarily unemployed

      • Your loan may be paid in full if you experience loss of eyesight, or a hand or a foot

      • Your debt will be reduced if you are hospitalized, have to stay home to care for a dependent or if a dependent dies

    • Benefits

      • Convenient - The cost of coverage is included in your payment

      • Pays Benefits in addition to any other coverage you may have

      • Helps Pay a monthly benefit at a time when your income might be reduced and your expenses higher

      • Helps Reduce your financial risk

      • Help maintain your standard of living and protects your cash flow

      • Rest easier knowing you are protected

  • Guaranteed Asset Protection (GAP) is coverage that helps with the rapid depreciation of your vehicle.

    • Features

      • GAP may waive the difference between the primary insurance company settlement and the scheduled loan balance on the vehicle as of the date of loss.

    • Benefits

      • Convenient - The cost of coverage is included in your payment

      • Prevents from having to make payments on a vehicle that no longer exists

      • Gives you peace of mind if you qualify for flexible financing terms

  • Mechanical Breakdown Protection is the ideal solution to protect your investment and reduce out-of-pocket expenses should a mechanical breakdown occur.

    • Features

      • You choose the level of coverage desired

      • You choose the length of coverage and the deductible

      • Roadside Assistance

      • Tire Road Hazard

      • Trip Interruption

      • Rental Vehicle Assistance

    • Benefits

      • Extend the life of your vehicle

      • You Choose the repair facility of your choice

      • Worry-free driving and vehicle ownership

      • Protection for your second largest investment. ...your vehicle

      • Convenient - The cost is included in your payment.

      • Cancellation - You will receive a pro-rated refund of any unearned premium