Elite with 6-Month Payment Relief
Anyone under 79 years of age may upgrade to WALKAWAY Elite with 6-Month Payment Relief for up to 84 months of worry-free financing. It let’s you keep driving even if a covered event occurs.
- 2 x 90-day (6 months)*, lump sum Payment Relief lets you choose to keep your vehicle if your circumstances change - while up to 180 days of loan or lease payments are made directly to the lender on your behalf
WALKAWAY Elite with 6-Month Payment Relief = WALKAWAY Elite. It covers the same 10 life events for up to $15,000, PLUS:
- Makes payments for employer approved leave of absence (to care for a terminally ill partner, parent or child) – this feature is applicable even if you are aware of covered critical illness ailments, like a heart condition, cancer or AIDS.
- Makes payments for self-employed disability, including independent contractors.
Now you are covered for 12 life events for up to $15,000 or 6 payments.
*A 60-day break in benefits between each 90-day payment applies, whether the first covered event continues for more than 90 days or a second covered event occurs during your coverage term.
| COVERED CIRCUMSTANCES |
12-MONTH
COMPLIMENTARY
|
12-MONTH
BASIC
Payment
Relief X 2
|
FULL-TERM
BASIC
|
FULL-TERM STANDARD
|
FULL TERM STANDARD
Payment
Relief X 4 or 6
|
FULL-TERM
ESTATE |
FULL-TERM
ELITE
Payment
Relief X 8
(8 Payments) |
| $7,500
|
$7,500
|
$7,500
Up to 84
Months
|
$10,000
Up to 84
Months |
$10,000
Up to 84
Months |
$20,000
Up to 84
Months |
$20,000
Up to 84
Months |
| FREEDOM TO RETURN YOUR VEHICLE |
| Involuntary Unemployment |
 |
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| Physical Disability |
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| Loss of Driver's License†† |
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| International Job Transfer |
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| Accidental Death |
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| Self-Employed Personal Bankruptcy |
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| Critical Illness Requiring Hospitalization |
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| Death due to Critical Illness |
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| Temporary Job Layoff |
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| Mental Disability |
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| FREEDOM TO KEEP YOUR VEHICLE |
| Involuntary Unemployment |
|
2 MONTHS* |
|
|
4 or 6 MONTHS** |
|
8 MONTHS† |
| Physical Disability |
|
2 MONTHS* |
|
|
4 or 6 MONTHS** |
|
8 MONTHS† |
| Critical Illness Requiring Hospitalization |
|
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|
4 or 6 MONTHS** |
|
8 MONTHS† |
| Temporary Job Layoff |
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|
8 MONTHS† |
| Family / Medical Leave of Absence |
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|
8 MONTHS† |
| Self Employed Disability |
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|
8 MONTHS† |
| Mental Disability |
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8 MONTHS† |
| ADDITIONAL PROGRAM FEATURES |
| No Pre-Existing Health Exclusions |
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| Age Limit at Time of Purchase |
None |
78 |
78 |
78 |
78 |
78 |
78 |
| No Employment or Health Questions |
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* Includes coverage for up to two (2) 30-day payment periods
** Includes coverage for up to two (2) or three (3) 60-day lump sum payments
† Includes coverage for up to four (4) 60-day lump sum payments
†† Due to age or medical impairment
This represents a summary of coverages and does not form a part of the certificate of insurance. Employment related coverages (excluding disability) begin on the 91st day. Please consult your certificate of insurance for complete detail.
Payment Relief:
WALKAWAY Elite with 6-month Payment Relief pays directly to your lender a lump sum equal to 2 x 90 days of loan or lease payments in the event of involuntary job loss, temporary job lay off, physical disability, mental/ stress disability, leave of absence and self-employed disability. This payment is NOT pro-rated and never has to be re-paid even if you regain health and/or return to work inside the 2 x 90-day periods. Vehicle return privileges remain in effect for all covered events, including the one that triggered the lump sum payment except leave of absence and self-employed disability.
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