Extended Protection Plan
Plans have a choice of $100 or $200 deductible per repair visit, plus applicable taxes, on all covered repairs. In the event the same component fails again, no deductible will be charged for its repair or replacement.
The selected deductible will be reduced by $50 when your selling dealer carries out repairs.
(not available on Custom Coverage Plans)
If you selected and paid for the Guarantee Price Rebate (GPR) Option Fee on an eligible plan or selected plan with Experience Based Refund (EBR), you can apply for a cash rebate claim as soon as the plan Total Policy/Contract has expired by time. Rebates are based on the amount you originally paid for the Policy/Contract, up to maximum claim amount of $2,000. Criteria for the GPR/EBR Claim include:
- Original Plan holder must still be registered owner of vehicle.
- No mechanical or other benefit claims were made during the entire term.
- GPR/EBR Claim must be received in the allotted time frame.
- Deductible applies to maximum claim amount.
First Canadians life insurance is designed to protect your family from the financial risks of an untimely death. Should you die before the financial obligation on your vehicle is fully re-paid, your family will be spared the expense and worry of paying out the loan.
You are protected during the entire term of your loan or a shorter period if you select short term benefits. Because administration is direct between First Canadian and the credit granting institution, premiums are low and claims are easy. A few simple health questions may be required, however no physical exam is necessary to qualify.
First Canadian offers disability insurance designed to protect you from the financial risks of an interruption in your ability to earn an income.
This 24 hour accident and sickness insurance makes your payments for an extended period of disability. If you are sick or become injured (on or off the job) and are unable to earn an income, then your monthly obligation will be paid on your behalf by First Canadian, subject to the terms and conditions of the policy.
Once the disability has continued beyond the waiting period, your monthly payment is automatically paid on your account. Benefits can even be paid retroactively from the first day of the disability if you elect that plan. Benefits continue for as long as you remain disabled as defined in the policy. You may claim as many times as necessary during the term of your coverage. All disability insurance programs protect the entire term of your loan, or a shorter period if you select short term benefits. Also, partial payment disability benefits are available to allow you to tailor the coverage and the premium to your specific needs.