Loan Payment Protection

The following loan protection plans can be added at the time of funding your loan and conveniently added to your monthly payments.

Insurance	Details	Available with
Credit Life Insurance	Single Life and Joint Life will pay off your PICU loan balance in the event of the borrower's death (or co-borrower's for Joint Life). Maximum $30,000 coverage.	Vehicle Loans Personal Loans MasterCard® Home Equity Loans
Credit Disability Insurance	Single Disability will take over your monthly PICU loan payments in the event that a borrower becomes disabled due to illness or accident. Coverage available only for primary borrower. Maximum $30,000 coverage.	Vehicle Loans Personal Loans MasterCard® Home Equity Loans
Guaranteed Asset Protection (GAP)	Covers the gap between a car's cash value and the outstanding loan balance if it's involved in a total loss claim.	Vehicle Loans
Mechanical Breakdown Insurance (MBI)	Coming Soon.	Vehicle Loans

Enrollment in these insurance programs is optional and not required to obtain a loan. For additional information on benefits, eligibility, conditions and exclusions, please call PICU at (800) 479-7837.