What does it do?
Specifically tailored for automotive finance providers, our payment waiver product allows lenders to include a feature in their finance contracts whereby customers can waive a fixed number of monthly repayments if certain events occur. These events can range from involuntary unemployment, death and disability. This proposition provides peace of mind to the customer that if the worst happens, they will be protected.
Our Guaranteed Asset Protection (“GAP”) products secure the investment in a car purchase, while our payment protection products provide financial security to customers who want to finance or lease a car. Please see this link
for Credit Protection insurance.