Credit Life & Disability
Life is unpredictable and things happen out of our control. If a customer experiences illness, disability, or loss of life and is unable to continue vehicle payments, credit life and disability insurance picks up the loan payments. In the event of death, it ensures the individual's estate is not held responsible for covering the debt and protects their credit rating by paying the lienholder the remaining balance in full. By having the customer pay premiums as part of their monthly payments, you ensure coverage for an unforeseen event.
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