Safeguard your credit and loved ones with Loan Protection
Loan Protection is a life, critical illness, loss of employment, and disability benefits plan that protects your financial commitments when you need it most. Fully insured by Co-operators Life, one of Canada’s most distinguished insurers, Loan Protection offers valuable coverage that will help keep your credit reputation intact. If an unforeseen life event leaves you unable to fulfill your financial obligations, rest assured knowing your loved ones are protected and your vehicle remains with the family where it belongs.
Some of the advantages of Loan Protection include:
- Coverage for people between the age of 18-71
- Covers loans up to $500,000
- No medical examination required
- Same rates for all insured regardless of age, height, weight, smoker, or occupation
- Competitive rates with other financial institutions
- Cancellable at anytime
- Can protect credit standing
Ask our Business Manager to add Loan Protection to of the finance agreement of your new, Certified Pre-Owned, or used Volkswagen.