Understanding Car Financing

WHAT IS LA&H?

LIFE ACCIDENT & HEALTH INSURANCE

THE LIFE INSURANCE COVERS THE
AMOUNT OF THE MONEY OWED AT
THE BANK.


IF THE EVENT OF YOUR UNTIMELY
DEATH THE BALANCE OF THE LOAN
IS PAID OFF AND YOUR FAMILY
KEEPS THE VEHICLE.

THE HEALTH INSURANCE IS DISABILITY
INSURANCE WHICH WOULD
ONLY PAY
YOUR MONTHLY VEHICLE PAYMENT
EACH MONTH UNTIL YOU WENT
BACK TO WORK.

 
 
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