2024 © 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.
*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.
*Not available for sale in the Province of Québec
You’ve reached into your pocket and thought, “Oh no, where are my keys?”. Most times, you’ve just placed them somewhere else, but other times you’ve lost or damaged your keys. Vehicles today come with technologically advanced keys and remotes for better security and convenience. But the cost to repair or replace and reprogram them can be unexpectedly steep. Let First Canadian take care of this expense.
Our Platinum Key & Remote Exchange program covers the costs related to:
First Canadian offers up to 6 years of coverage on new and used vehicles. You’ll have a 30-day money back guarantee (less any claims paid), and coverage is transferable if you sell your vehicle. There is no deductible for Original Equipment Manufacturer (OEM) key or remote exchanges.
*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
Imagine you hear the bang of a car door hitting your vehicle in the parking lot or getting back to your car and seeing a grocery cart scrape on the driver door? Instead of the sinking feeling in your gut when you realize your car’s damaged, you’re comforted by the knowledge that AutoGuard protects against these small but aggravating accidents.
AutoGuard covers the cost to repair:
AutoGuard keeps the interior and exterior of your vehicle looking and feeling new. Plus, you’ll 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 our claims department won’t increase your insurance premium. Coverage is available for both new and used vehicles, and you get up to 12 claims 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 Guard is designed to take the headache out of paying for common types of damage, and will help cover the costs associated with most:
RV Guard 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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