WALKAWAY Protection For Automotive Financing WALKAWAY is underwritten by ING Novex Insurance Company of Canada
PLACEHOLDER

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.

 


*Maximum Benefit

COMPLIMENTARY
$7,500*
STANDARD
$7,500*
STANDARD
with 3-Month
Payment Relief

$7,500*
ELITE
$15,000*
ELITE
with 6-Month
Payment Relief

$15,000*
FREEDOM TO RETURN YOUR CAR

Involuntary Job Loss

Temporary Job Lay Off

Physical Disability - Unable to Work

Mental/Stress Disability - Unable to Work

Critical Illness - Living Benefit

Death due to Critical Illness

Accidental Death

Bankruptcy of Self-Employed

Loss of Drivers' License

International Job Transfer

FREEDOM TO KEEP YOUR CAR

Payment Relief - Job Loss

3 MONTHS 6 MONTHS

6-Month Payment Relief
- Temporary Job Lay Off

Payment Relief - Physical Disability

3 MONTHS 6 MONTHS

6-Month Payment Relief
- Mental/Stress Disability

6-Month Payment Relief
- Self-Employed Disability

6-Month Payment Relief
- Leave of Absence

Debt Reduction - Immediate Family

ADDITIONAL PROGRAM FEATURES

Previous Loan/Lease Deficiency Protection

Coverage up to 85 Years of Age

ALL AGES

No Health Questions

No Pre-Existing Health Exclusions




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.