Coverage Options

Life Coverage.

In the event of your death, Loan Protection will pay out the balance of your loan or lease to ensure the asset you purchased remains with your beneficiary or your estate. Both you and your family need not worry about the potential loss of an asset as a result of the loss of life. Life coverage can protect both finance and lease contracts, including any residual value.

Maximum benefit amount:

$500,000

Maximum term:

120 months

Critical Illness Coverage.

Combined with the benefits of Life coverage, Critical Illness coverage protects your financial commitment in the event you suffer a heart attack, stroke or are diagnosed with life threatening cancer. Should one of these ailments afflict you, or in the event of death, Loan Protection will be there to make your financial payments to ensure your asset stays with you or your family.

Maximum benefit amount:

$500,000

Maximum term:

120 months

Life & Loss Of Employment

Combined with the benefi­ts of Life coverage, Kia Protect Loan Protection Life and Loss of Employment protects you from fluctuations in today’s job market. If you become unemployed, through no fault of your own, this coverage will make your monthly loan or lease payments and ensure your vehicle remains with you.

Maximum benefit amount: 

$500,000

Maximum term:

120 months

Maximum Benefit Period:

9 months cumulative

Disability Coverage.

In the event you are disabled for a covered medical reason, Loan Protection will make the monthly payments of your loan or lease until you get back on your feet; regardless if the incident is at work, at home, or at play.

Maximum monthly benefit amount:

$4,500

Maximum term:

120 months