Protects against death, disability and/or unemployment
Unforeseen events like death, disability, and unemployment can make it difficult to make loan payments. Having debt protection on a loan can help by canceling all or part of your protected loan payment or balance.
Protects you from the difference of the amount you owe and the salvage value
Guaranteed Asset Protection (GAP) covers the deficiency between the vehicle value and the payoff amount on your auto loan in the event that a vehicle is totaled or stolen.
Protects your vehicle from expensive repairs
Mechanical Breakdown Protection (MBP) is an extended warranty on your vehicle. It covers unforeseen repairs for a specified amount of time and miles.