Dupaco’s got you covered with a full line of loan protection
Payment Protection | Calculate your payment
Payment Protection* is a voluntary loan-payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly happens to you. Depending on the package you select, if a protected event does occur (and you’re a protected borrower or co-borrower on the loan), Payment Protection will cancel or reduce repayment of your loan debt—helping to lessen your worries, and your family’s worries, about paying loans during this difficult time.
Protected events include:
- Loss of life, including those caused by acts of war
- Disability, including those caused by acts of war
- Involuntary unemployment
With Payment Protection, every eligible member pays the same fee and you only buy enough protection to cover your loan balance. Tying protection directly to your loan means you’ll have exactly the right amount of protection – no more, no less – while helping protect your family, collateral, and credit rating. For eligible borrowers, enrollment in the program is fast, easy, and immediate.
To learn more about Payment Protection, click here.
*Payment Protection is a debt protection product offered by Dupaco. Enrollment in this Payment Protection product is voluntary and not required to obtain a loan. Please contact a member of Dupaco’s Consumer Lending team for additional information on benefit maximums, eligibility, limitations, and a copy of your contract.
Mechanical Repair Coverage
Mechanical Repair Coverage is optional protection available on eligible new and used vehicles, and protects you against many of the costly auto mechanical repairs no longer covered by your vehicle’s manufacturer’s warranty. Repairs can be made at any ASE Certified Mechanic, and the repair facility is paid directly by the plan; you only pay the deductible amount when repairs are completed. Three packages are available with varying amounts of coverage, and different deductibles. The warranty program also includes rental reimbursement, towing reimbursement, 24-hour toll free roadside assistance and emergency travel expense.
Guaranteed Asset Protection (GAP)
GAP is an optional insurance designed to eliminate any unpaid loan balance in the event your vehicle is stolen or damaged beyond repair as a result of an automobile accident. GAP may cover the amount of the loan balance left after the payment from your primary insurance company and ultimately can help to protect your credit. Quite often when a vehicle is considered “totaled” the cash value is less than your outstanding loan balance. GAP coverage can ease that burden by paying the difference between the actual auto loan balance and the insurance settlement. The coverage is available on new, used and refinanced autos, and for your convenience the premium can be built into your loan payments or paid at loan closing.
For loan service or more information, visit any Dupaco location, or contact our Consumer Loan Department at (563) 557-7600 / 800-373-7600, ext. 202, or firstname.lastname@example.org.