When faced with a sudden loss in income, you need to rely on whatever emergency savings you have. If the worst were to happen, our loan protection program ensures your loan will continue to be paid over the coverage term.
Protect your family, property and credit rating if you experience a sudden loss in income. This program will ensure your loan is paid over the term.
- Simple eligibility requirements
- Fast and easy enrollment
- Protection coverage can be included in your loan payment
GAP protection literally covers the "gap" between what you owe on a car and what it's worth if your car is totaled in a covered loss, such as an accident or theft. It pays the difference between the cash value of the vehicle and the current outstanding balance on your loan or lease.
- Helps cushion the impact of unexpected expenses
- Includes protection from vehicle theft
- Includes your auto insurance deductible
What would you do if your car broke down and needed serious repairs that weren't covered under warranty? MBI covers you so you can get your car back up and running as quickly as possible.
- Includes all parts and systems, not just the specific list of items covered by most dealer warranties
- Charges you a monthly policy premium instead of a large upfront payment
- Get your car repaired wherever you want
Protect Your Loan
Personal insurance policies like life, long-term care and accidental death & dismemberment are effective ways to help those you care about to maintain their quality of life, repay debt and fund education in the event of an untimely injury, illness or death. We can help you assess whether you need extra coverage or different policies to protect your family against the unexpected.
Just about everyone will need to take out a loan at some point in life. You have no way of telling what the future may hold and this insurance is a way to protect your loved ones. Make sure you have all your bases covered with these options for supplemental protection that extend your insurance and warranty, and ensure your loan payments will be made.
Contact us for a quote on GAP or mechanical breakdown insurance. Follow these links to read more about our Partner Payment Protection plans for consumer loans and credit cards too: