COMPANION MAXUM

Full protection against financial breakdown
Whether your vehicle is new or pre-owned, yous're going to relish it for a very long time. You've chosen wisely and budgeted carefully, but the one option yous shouldn't overlook is loan repayment insurance. It's an option that will protect your investment in case of a financial breakup.

Unfortunately, when something unexpected happens to you such as unemployment, disability, disquisitional illness, or fifty-fifty death, finance or charter payments for your vehicle withal need to be fabricated. You or your family may consider selling your vehicle, but you will virtually likely all the same have to brand up the deficiency. If you or your family still need the vehicle, keeping upwardly with the monthly payments could be a major hardship. Protecting your investment, past insuring your monthly loan payments, is a sound choice. For more than than 45 years, nosotros've been offering Canadians flexible, competitively priced insurance options. And through our group buying ability, you can protect your vehicle investment and feel safe and secure virtually your financial commitments, for simply pennies a 24-hour interval.

The power of protection:

There are those who experience that even at a low price, loan repayment is an unnecessary "luxury". The "it could never happen to me" attitude is understandable when your wellness is adept and yous're in the prime of life. Nonetheless, the statistics on disability and death cannot be ignored.

Reducing the impact on your family

The all-time way to accomplish peace of mind is to program ahead. Then it's good to know that the insurance coverage you choose will reduce the fiscal touch on your loved ones if anything should happen to you:

If you were to suffer a fatal injury or affliction or become accidentally dismembered, life coverage will pay off the insured portion of your loan.

If y'all are diagnosed with a covered status, critical illness coverage provides a lump sum payment that volition pay off the insured portion of your loan. A 'Living Life' benefit, critical illness insurance is designed to eliminate the financial strain of a vehicle loan, giving y'all the freedom to focus on getting well.

If you lot become totally disable through affliction or equally a result of injury, "Accident and Sickness" disability coverage volition take care of your loan payments.

If yous go totally disabled every bit a outcome of injury, or become unemployed involuntarily, the "Accidental Plus" coverage will cover up the equivalent of half-dozen insured monthly payments per incident for the duration of your coverage term.

  • Of all loans that become delinquent in Canada, 3% are due to the unexpected death of the principal household income earner, and 50% are due to loss of income related to a disabling accident or affliction.
  • Canadians betwixt the ages of 20 & 65 accept a 50% hazard of having disability that lasts longer than 3 months
  • 55% of working developed Canadians have no disability coverage
  • Accidents are the leading cause of death for Canadians 45 years of age and under
  • 1 in three Canadians will exist diagnosed with cancer in their lifetime

Sources: Statistics Canada, I.C.B.C., Canadian Cancer Order

Options, features and benefits

  • Provides affordable peace of mind for you lot and your family
  • Insurance coverage that makes your liability an asset
  • Cost of coverage is the aforementioned for all ages or occupations
  • Benefits are non-taxable and paid in addition to your other insurance benefits
  • Payments made on your behalf do not have to be repaid
  • Helps to protect your credit rating and savings
  • College insurance coverage limits let covering multiple investments
  • Critical illness coverage provides Living Life benefits, and allows for full recovery

Companion Maxum - ULTIMATE PROTECTION

  • Life insurance includes accidental dismemberment benefit
  • Critical Illness Insurance includes six covered atmospheric condition:
    Life-threatening cancer
    Eye attack
    Coronary artery bypass surgery
    Stroke
    Major organ failure requiring transplant
    Paralysis
  • Accident & Sickness Inability Insurance includes hospitalization benefit
  • Accident Plus Disability Insurance includes:
    Accidental Inability
    Involuntary Unemployment