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Payment Insurance

Accident / Health Insurance

Through the Finance Department at Simple Auto Credit, we offer fully secured loans to protect you, your family and one of your most valuable assets, your credit rating.

Through no fault of your own, your credit can be ruined due to an accident or illness.


A common cause of repossession in the US is an illness in the family.

  • Expenses normally go up with a disability
  • Income usually goes down with a disability
  • Hospitalization insurance seldom pays 100% of the expenses while you are sick or injured 
  • Hospitalization insurance does not pay your loan payments while you are sick or injured
  • Workmen's Compensation only covers work-related injuries
   
When you acquire an Accident / Health Insurance Policy...

In the event that you would become sick or injured, a fully secured loan that includes Accident / Health Insurance means:
  • Your loan payment is made for you while you are unable to work due to any covered accident or illness
  • You do not have to be hospitalized to collect
  • Payments made on your behalf do not have to be repaid
  • Your policy becomes effective on the date of your loan
  • The cost is not rated according to age or occupation
  • There is no lump sum costly outlay, the premium is included in your monthly payment
  • Benefits are tailored to the amount financed and you are not paying for more insurance than you need
  • There are no limits on the number of times you can collect
  • Benefits are in addition to any other protection you may have

Accident / Health Insurance endorses the philosophy that "no debt should outlive the debtor"