Securian Introduces New Debt Protection Auto Benefits


money (select to view enlarged photo)

ST. PAUL, Minn.--March 26, 2013: Securian Financial Group introduced Major Auto Expense and Auto Insurance Deductible debt protection benefits as value-adds for new and existing debt protection programs offered by financial institutions.

“These products were created with the borrower in mind and provide a lot of value for the lender too”

The Major Auto Expense benefit cancels one loan payment up to $500 when a borrower has a major auto expense of at least $500. The Auto Insurance Deductible benefit cancels one loan payment up to $500 in the event of an accident where a deductible payment is made.

"These products were created with the borrower in mind and provide a lot of value for the lender too," said Kris Nelson, actuary and director, Credit Protection. "They provide additional protection for auto loans and will cancel a payment at a time when the borrower is experiencing extra out-of-pocket expenses as a result of a major auto expense or auto deductible payment. These benefits can help ensure that the borrower stays current on their loan."

The new Securian auto benefits must be bundled with new or existing debt protection programs that offer life, disability, or involuntary unemployment benefits.

Home | Buyers Guides By Make | New Car Buyers Guide | Used Car Super Search | Total New Car Costs | New Car and Truck Reviews
Automotive News | TACH-TV | Media Library | Discount Auto Parts

Copyright © 1996-2014 The Auto Channel. Contact Information, Credits, and Terms of Use. These following titles and media identification are Trademarks owned by The Auto Channel, LLC and have been in continuous use since 1987 : The Auto Channel, Auto Channel and TACH all have been in continuous use world wide since 1987, in Print, TV, Radio, Home Video, Newsletters, On-line, and other interactive media; all rights are reserved and infringement will be acted upon with force.

Privacy Statement | Size Does Matter | Media Kit | XML SITE MAP | Affiliates

Send your questions, comments, and suggestions to Editor-in-Chief@theautochannel.com.

Submit Company releases or Product News stories to submit@theautochannel.com.
Place copy in body of email, NO attachments please.

To report errors and other problems with this page, please use this form.

Link to this page: http://www.theautochannel.com/