CONSUMER PROTECTION

CONSUMER PROTECTION

In today's changing market, dealers are constantly reviewing the marketplace for additional product opportunities that provide value to their customers. Every product that American Financial & Automotive Services, Inc. offers is insured by top rated carriers, thus providing you and your customers financial strength and the peace of mind that claims will be paid.

GAP ASSET PROTECTION PROGRAM

American Financial’s GAP Asset Protection Program (GAP) offers a safeguard against financial liability for consumers who finance a new or pre-owned vehicle. In the event of a total loss of the vehicle, GAP coverage protects consumers from any difference that may exist between the primary insurance settlement and the amount that the consumer still owes on the vehicle.

  • Coverage terms up to 84 months
  • Coverage available in all states
  • Automobile coverage for both new and pre-owned vehicles
  • Increased loan/lease product sales
  • Administered by American Financial & Automotive Services, Inc.

CREDIT LIFE AND DISABILITY

American Financial & Automotive Services, Inc. is one of a few companies in the automotive industry that still offers credit life and disability insurance products. We believe this product provides your business manager and customers with the coverage, terms, and limits they need to protect their families. Depending on state law, the following types of credit insurance are provided.

  • Joint Life Decreasing
  • Single/Joint Life Decreasing
  • Joint Accident & Health
  • Critical Period Accident & Health
  • Net Indebtedness
  • Accelerated Death Benefit
  • Involuntary Unemployment (IUI)
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