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Insurance
Insurances solutions to complement financial products
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Payment protection is a type of insurance sold alongside consumer loans to cover monthly repayments in the case of unemployment, accident, sickness, disability or death
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Car insurance is packed into different coverage types, mainly grouped into categories such as Liability, Collision and Comprehensive
. Liability covers losses to someone else's car or body parts
. Collision covers losses to your car when you are involved in a collision
. Comprehensive covers most non-collision physical damage to your car. It covers unforeseen disasters that does not relate to crushing such as theft, vandalism, falling trees, etc
Other coverage:. GAP covers the difference between the amount you owe on your vehicle and the amount you receive from your insurance company if the vehicle is stolen or destroyed before you have satisfied your credit obligation
. Medical Payments provides reimbursement for medical bills of you and your passengers regardless of who's at fault
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