2018 © First Canadian Financial Group. All Rights Reserved.
Vehicles today are built with thousands of specialized parts and hi-tech components. With the cost of repairs increasing an average of 5% per year, an expensive repair can put a strain on your financial health. Most manufacturer plans tend to cover the period of your vehicle’s life when things don’t break, and most often it’s not until after the manufacturer’s warranty period has expired that things start to go wrong.
A First Canadian Protection Plan (FCPP) can guard you against unplanned repair expenses.
Benefits Include:
Optional Coverage:
With our optional Guarantee Price Rebate (GPR) or Experience Based Refund (EBR) plan, you can apply for a rebate of your premium, up to $2,000, at the end of your plan’s term if no mechanical or other benefit claims were made on that plan.
The original plan holder must still be the registered owner of the vehicle at time of rebate application.
Your new vehicle or RV has to battle the wear and tear of our harsh Canadian climate. Strong UV rays, extreme heat or cold, snow and ice, rain and humidity, road salt, and pollutants can harm your car’s beauty and its functions.
Platinum Shield’s market-leading technologies will defend your vehicle or RV’s exterior and interior against harsh conditions.
A driver’s spilled coffee or a child’s sloppy snack are mishaps you can almost always expect for your car or RV’s interior, but what about bigger messes and more unexpected mishaps? A cut from a hockey skate, or a tear from a forgotten object in your pocket? An accidental spray that stains your headliner? With Platinum Shield Interior Protection, you can get:
The sun's powerful UV rays will cause your vehicle or RV's paint to fade and the clear-coat finish on your vehicle or RV’s painted surface is uneven, allowing dirt, salt, pollutants, and moisture to get trapped. This can dull your vehicle or RV’s finish, ruin its look, and affect its resale value.
Platinum Shield Paint Protection is a long-lasting sealant that enhances the paint’s clear coating. It protects paint from fading by reflecting UV rays and its durable finish leaves the surface significantly smoother with no need for waxing.
An Environmental Paint Guarantee upgrade is available for vehicle plans which also protects against damage caused by acid rain, tree sap, and bird droppings.
Vehicles have many hard-to-reach crevices where moisture and dirt collect, creating ideal conditions for rust. Once it gets going, rust can adversely affect how your car performs and shorten its life. Platinum Shield offers two choices for holding rust at bay:
If you've also purchased Platinum Shield Protection, an Environmental Surface Rust Guarantee is available as an upgrade for either of the rust protection methods above. It guarantees you against rust from the inside out or the outside in, as well as against surface rust formation.
Canadian roads and weather conditions are hard on your vehicle. Deep puddles, uneven pavement, loose gravel, and road salt can all shorten the life of your vehicle's undercarriage.
Undercoat protection is specially formulated to preserve a car’s most vulnerable, high-impact areas. It seals out moisture and protects against road salt. Because of its pliability, it won’t crack, peel or chip.
*Not available for sale in the Province of Québec
Motor vehicle theft is one of the most common police-reported offences in Canada. According to Statistics Canada, in 2019, there were over 87,000 reported vehicle thefts across the country – that’s roughly 231 vehicles each day! Automobile theft costs Canadians approximately $1 billion per year.
Platinum Security Protection is an effective theft deterrent system to keep your car secure. The system has 3 key components:
Thieves avoid vehicles with the Platinum Security Protection because it increases the likelihood of getting caught, makes the vehicle harder to sell, and makes the parts less profitable to chop-shops. Unlike other theft deterrents, there is no monitoring fee and protection cannot be disarmed, disabled or disconnected. Coverage is renewable for a subsequent term, and transferable if you sell your vehicle. Coverage varies by province and vehicle type. Please speak to your dealer for program information.
Visible warning decals on the driver and front passenger windows identify the vehicle as being registered with a national theft prevention company and warn thieves that the vehicle's key components are marked. A professional thief will pass on a marked vehicle and focus instead on an unmarked one.
A non-removable, police traceable identification code is permanently etched on all the major glass of your vehicle or imprinted onto selected body panels of your vehicle.
The identification code is registered into a national database that is cross-referenced to the manufacturer's Vehicle Identification Number (VIN), the selling dealership, and the vehicle's owner.
Platinum Security Protection also aids in recovering stolen vehicles and assists you with related expenses.
If the system fails to prevent theft and your vehicle is deemed a total loss, you will receive up to $5,000 towards a replacement vehicle at the selling dealer as well as rental vehicle and/or accommodation reimbursement if the vehicle was more than 150km from home at the time of theft.
If your vehicle is stolen and recovered, you will still receive up to $1,000 towards comprehensive deductive for the repair of damages, and up to $1,000 towards your home insurance deductible if you claim for property stolen from your recovered vehicle.
*Not available for sale in the Province of Québec
Most vehicles today come with technologically advanced keys and remotes, and the cost to repair or replace and reprogram them can be unexpectedly steep.
Platinum Key & Remote Exchange provides up to 5 years of coverage for the costs associated with:
Platinum Key & Remote Protection comes with a 30-day money back guarantee (less any claims paid). Coverage is transferable if you sell your vehicle, and there are no deductibles for exchanges of OEM keys or remotes (a $50 deductible applies for exchanges of non-OEM keys or remotes). Platinum Key & Remote Protection is available for both new and used vehicles.
*Not available for sale in the Province of Québec
Over the course of their life, your tires will take a beating. Unfortunately, road hazards such as debris from other vehicles, nails and screws, fallen rocks, or broken glass can cause damage that prevents your tire or rim from even holding air.
Platinum Tire & Rim Protection provides up to 5 years of coverage for damage caused by road hazards, including:
Coverage applies to both original and replacement tires. Coverage is not prorated, is transferable, and there are no deductibles. Platinum Tire & Rim Protection is available for both new and used vehicles.
*Not available for sale in the Province of Québec
Do you experience a sinking feeling when you hear another car door open into yours? Or cringe when you see a grocery cart scrape the side of a car?
AutoGuard protects against these small but agonizing accidents. AutoGuard covers the cost to repair:
Autoguard can help maintain the value of your vehicle when you sell it, trade it in or return it at the end of a lease. There’s no deductible and claims won’t increase your insurance premium. Coverage is available for both new and used vehicles, and you get up to 12 services per year.
*Not available for sale in the Province of Québec
Premier protection and maintenance services to keep your adventure going!
Odds are you will experience at least a few types of damage while owning your recreational vehicle. RV Armour is designed to take the headache out of paying for common types of damage, and will help cover the costs associated with most:
RV Armour provides up to 6 years of protection, and is available for both new and pre-owned RVs. You’re covered for up to $10,000 worth of benefits.
*Only available for sale in the province of Ontario
Tire and rim thefts are becoming more common. Your wheels can go missing any time of day, usually with your vehicle parked on your own driveway. It can be a quick event for an educated thief, even if you have locking wheel nuts.
Platinum WheelGuard is an effective deterrent against the theft of tires and rims. You will never need to deal with the frustrations associated with locking wheel nuts, and will have comfort knowing you are protected against loss.
Key components of the deterrent system:
Unlike locking wheel nuts, no mechanic or special tools are needed for installation, this doesn’t alter the look of your wheels, and there are benefits available to you if the system fails to prevent theft.
*Not available for sale in British Columbia, the Northwest Territories, Nunavut, Yukon, or Québec
Protect your financial future with our write-off assistance program.
What happens if your vehicle is ruled a total loss? Will your insurance company provide a payout that covers the full balance owing on your finance contract? Probably not. Insurance companies usually calculate the payout based on the current market value of the vehicle, so it’s possible that the payout will be less than the amount still owing on the vehicle at the time of total loss. You are responsible to pay the difference between the insurance payout and the amount still owing on the finance contract.
In the event of a total loss of the vehicle, Millennium Asset Protection intends to reduce (possibly eliminate) the difference between the outstanding loan amount and the amount paid by your primary insurance policy for the vehicle (to a maximum of $30,000).
MAP covers new and pre-owned:
Coverage is available on finance amounts up to $150,000.
*Only available for sale in the Province of Québec
Protect yourself against depreciation
Be confident knowing that you won’t lose out if your vehicle is written off. Complementary Replacement Insurance allows you to replace your passenger or leisure vehicle with a new vehicle of the current model year if written off during the coverage term.
Need repairs covered because of a collision or damage resulting from vandalism? Coverage ensures you can access new, original manufacturer’s parts (new vehicles only).
What about pre-owned vehicles? Coverage pays out an indemnity representing the difference between the actual cash value at time of loss and the marked-up value of your vehicle ensuring you can get a similar replacement vehicle.
What else can Replacement Insurance offer you?
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