Understanding Car Financing

DO I NEED LA&H?

LIFE ACCIDENT & HEALTH INSURANCE

LIFE, ACCIDENT AND HEALTH
INSURANCE IS SOMETHING YOU
NORMALLY DO NOT NEED.

IF YOU ARE SICKLY AND CAN NOT
WORK THEN MAYBE YOU WANT
TO CONSIDER HAVING THE
COVERAGE.


HOWEVER, YOU CAN BUY DISABILITY
INSURANCE MUCH CHEAP THEN WHAT
IS OFFERED THROUGH THE CAR DEALER.

THE LIFE INSURANCE PART OF THE
COVERAGE ONLY COVERS THE AMOUNT
OF THE MONEY OWED AT THE BANK.


AGAIN, IT IS CHEAPER GOING THROUGH
A REGULAR INSURANCE COMPANY.

45% TO 50% OF THE PREMIUM
CHARGED BY THE CAR DEALER IS
RETAINED AS PROFIT.


IF YOU FEEL YOU NEED THE EXTRA
INSURANCE IT IS YOU CHOICE.

REMEMBER INSURANCE COMPANIES
OFFER THE SAME THING ONLY CHEAPER
WITH MORE COVERAGE.

 
 
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