AUL Wrap Coverage
Our Wrap Coverage extends your vehicles Factory Warranty to give you coverage, confidence and peace of mind.
Do your due diligence: Protect yourself & your family
What if I already have Insurance Coverage?
Estate/Survivor: Enhances any other Insurance benefit. Benefits are paid directly to the financial institution. Estate/Survivor: Some Insurance benefits do not pay benefits immediately upon death. Default has occurred and the balance is due at next payment or a maximum of 30 days from the date of death. Accident/Illness: Enhances health care's co-pays and large deductibles.
Why will I care if I don't or can't purchase…?
Estate/Survivor: Financing/Titling in just one name leaves your Estate still responsible. Most estates are not insolvent (no inheritance for survivors) and need to be liquidated to pay debt. Estate/Survivor: Financing/Titling in just two names leaves your Survivor/Co-Signer/Spouse still responsible. Difficulty arises when the other responsible party does not want, need or cannot afford the monthly payments. Accident/Illness: Even during a short or long illness and you were unable to work and starting to get behind in your monthly payments. Get too far behind could result in repossession; financial institutions have a binding definition of default and grace periods.
How do I know if i am eligible for the Benefit?
Estate/Survivor & Accident/Illness: Protection is not automatic or provided by the financial institution. Eligibility will be provided after answering a few questions and the financial institution approves the benefit to be included in your financing/leasing contract.
How will the financial institution know…?
Estate/Survivor: Michigan has creditor probate/estate laws that protect even the Auto loans or leases. May not be able to continue no fault insurance or renew license plate/tab. Registrations and titles cannot be altered in any way when a lien or lease is not paid in full
How come you don't hear stories in the media about this?
Estate/Survivor & Accident/Illness: You deal directly with the financial institutions not the Dealership. Contracts have default clauses that protects them in case of death (of either party), if unable to continue making the monthly payments and negligence (not notifying the institution).
How much is the investment?
Estate/Survivor & Accident/Illness: You can pay for the benefit in the monthly payment. if you trade the car in early you may be entitled to a refund even if you used the benefit (Accident/Illness).
Your options without Survivor or Estate Coverage:
EXAMPLE: 60 month contract, $425* Payment, If a death was occurred to a covered debtor and the remaining months of the contract are 42, 42 mos. X $425* = $17,850* $15,295* owed to the lender $2555* paid to their Estate All unpaid interest is paid to the Estate *these are estimates only and can vary
Road Hazard Tire & Wheel Protection
Repairs I Replaces Both a Wheel and/or Tire for any Road Hazard
Includes: Rental Plus