SecureDrive Loan Protection
Loan Protection provides life, critical illness, loss of employment, and disability coverage when it’s needed most. If an unforeseen life event occurs leaving a customer unable to service their financial commitments, this coverage is in place to provide peace of mind and protect consumer credit standing.
|Coverages||Essential Plans||Carefree Plan|
|Disability||To help you get back on your feet, up to 6 monthly payments per claim are made in the event you become disabled; regardless if the incident occurred at work, at home, or at play.|
|Loss of Employment||If you become unemployed through no fault of your own, you can rest easy knowing that you have up to 6 monthly payments per claim while you are looking for your next opportunity.|
|Life||The negative equity portion of the loan will be paid, up to $20,000, in the event of death.||Carefree helps protect your family by paying out the balance of your loan upon death, ensuring the vehicle you purchased remains with your estate.|
|Critical Illness||–||Purchased with life coverage, Carefree pays out the balance of your loan if you are diagnosed with a covered critical illness. Your vehicle remains with you and your family.|