Purchasing a vehicle over time through a loan or lease is a great way
to get what you’ve always wanted, but unfortunately it commits you
to a monthly payment plan that can last for years.
How would you make these payments if you were to become disabled or
involuntarily lose your job? How would the beneficiaries of your estate keep them up
in the event of your death? By including Global Credit Insurance protection in your
monthly payments, you and your family can be free of financial worries.
The Canadian Life and Health Insurance Association Inc.’s A Guide to Disability Insurance, disabilitycanhappen.org, LIMRA
In the event of your death, the Insurer will pay your
creditor the amount payable according to the terms
of your credit insurance
In the event of total disability,
the Insurer will make the
monthly payments due to
your creditor, subject to the
terms of your credit insurance certificate.
In the event of involuntary loss of employment after the effective date of your credit insurance, the Insurer will make the monthly payments due to your creditor, subject to the terms of your credit insurance certificate.
IMPORTANT NOTE : You must take out Life Insurance or Disability Insurance to be eligible for this coverage.
For full details on Global Credit Insurance, see your certificate of insurance.
*For the complete terms, conditions and limitations can be found on the certificate of insurance.