Credit Life & Disability

Our insurance companies are the leading providers of debt protection to the dealer market in the United States. In the event the consumer becomes disabled or unable to work due to an illness or injury, the insurance company, depending on the consumer’s benefit level, will either pay off or make a partial payment until they either go back to work or the finance contract is paid off, whichever comes first. No hospitalization is required.

The Credit Life benefit provides a free and clear title to beneficiaries in the event of the consumer's death. It protects present insurance, protects families from loss of vehicle, and pays any unearned interest to survivors. The Credit Disability benefit makes monthly payments if the consumer becomes totally disabled, protects present insurance, and protects your credit. If the customer were to pass away during the finance contract, the insurance company would pay off the vehicle providing their family with a title free and clear, rather than a payment booklet. These benefits are not an additional loan, it is part of the optional credit protection we offer.