2018 © First Canadian Financial Group. All Rights Reserved.
Imagine not being able to work because of an illness or injury. Would you be able to carry your financial load until you are able to start working again? If you pass away, would you be putting an additional financial burden on your family?
If you’re like most Canadians, an unexpected disability or death might strain your household’s finances. First Canadian’s creditor insurance is an easy way to protect against this strain. In the event of your covered disability or death, First Canadian will make your insured vehicle payments to your lender or payout the insured portion of your vehicle loan entirely.
Our benefit payments are tax-free, never have to be repaid, and are over and above any other insurance you may have. Premiums can be included in your vehicle financing and are based only on your financed amount, not your age. No medical exam is required. Our coverage is in place 24 hours a day, 365 days a year for the entire term of your loan (with shorter term options also available).
First Canadian offers the following creditor insurance products:
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