Credit Life & Disability

Credit Life & Disability

Protect your family against financial burden and credit problems due to disability or death when you have a vehicle loan.

Credit life coverage helps to pays off the vehicle loan in case of death.

Credit disability coverage is designed to pay benefits for each day you are unable to work in case of injury or illness.

Product Information
  • Category: Finance & Insurance
  • Sub-Category: Credit Life & Disability
  • Status: Available
  • Market: National
  • Highlights
Product Highlights

Oak offers credit life and credit disability with a multitude of options. Options for credit life include gross pay, net pay and truncated net pay decreasing life and level life. Credit disability options include full-term and critical-period disability. Options may vary by state and may be available in single or joint coverage.

  • No medical exam required
  • Age is not a rate factor; maximum issue ages are 65 - 70, depending upon the state
  • Available for new and pre-owned private passenger financed vehicles
  • Insured by A-rated carriers

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Years in Business

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Recent News

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The post What Can the 2008 Financial Crisis Teach Auto Dealerships About the Coronavirus Crisis? appeared first on Performance Administration Corp | Dealer-Owned Complimentary Maintenance Plans.

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The post COVID-19 Update: A Letter to Our Clients During These Difficult Times appeared first on Performance Administration Corp | Dealer-Owned Complimentary Maintenance Plans.

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The post The Generation Gap in Car Dealership Customer Retention Part 2: Marketing To Boomers appeared first on Performance Administration Corp | Dealer-Owned Complimentary Maintenance Plans.