North Point Auto Sales
  • Address

    102 Apex St, Saskatoon, SK , S7R 1C8

Benefits of Protection

Overview

This protection plan offers comprehensive coverage to pay off or assist with vehicle loan payments in case of critical life events such as critical illness, disability, loss of employment, or death.

Coverage Includes

  • Life Protection: Pays off the remaining balance of your vehicle loan in the event of death. Leaves your estate with the vehicle as an asset rather than a debt liability. Preserves the value of other insurance policies.
  • Critical Illness (CI) Protection: Pays off the vehicle loan balance if diagnosed with a critical illness such as a heart attack, malignant cancer, organ transplant, stroke, paralysis, or bypass surgery. Allows you to focus on health and recovery without the worry of loan payments.
  • Sickness and Injury (Accident & Health – A&H) Protection: Covers vehicle loan payments if you’re unable to work due to accident or sickness. Does not require confinement to home or hospitalization. Continues benefits until you can return to work. Pays in addition to any workplace or private plans.
  • Involuntary Unemployment Protection: Makes vehicle loan payments if you become involuntarily unemployed. Allows for multiple claims. Available as an option with Life Insurance. Ensures uninterrupted use of the vehicle during the employment search. Supplements Employment Insurance benefits which may not cover all expenses.

Key Benefits

  • Provides peace of mind by covering loan obligations during difficult times.
  • Ensures the uninterrupted use of the vehicle.
  • Helps maintain financial stability by covering unexpected financial gaps.

For more detailed information on the coverage, please refer to the Benefits of Protection PDF.

AUTO MECHANICAL ASSISTANCE