It pays to prepare
Since you can’t predict the future, the best you can do is prepare for it. Toyota Financial Services can help with plans that offer financial peace of mind in the event of illness or accident, or even untimely death.
We offer three types of payment protection plans that pay the covered balance due or the covered monthly payment on your finance or lease contract to help you keep your vehicle—and your cool—if an unexpected covered event occurs.
- Credit Life Insurance
It’s something no one wants to think about—but sometimes the unthinkable does happen. In the event of your death, Credit Life Insurance coverage pays the covered balance due on your Toyota, within limits.
- Credit Disability Insurance
If you are rendered disabled while covered by our Credit Disability Insurance plan, your covered monthly balance due will be paid on your finance or lease agreement, within limits.
- Guaranteed Auto Protection (GAP)
If your Toyota is declared a total loss during the term of your finance or lease contract, Guaranteed Auto Protection (GAP) will pay the difference between the balance owed on your contract and your vehicle’s market value.
- Excess Wear & Use Protection Plan
Normal wear and use is a part of everyday driving and can almost be expected.When turning in a lease vehicle, you are typically responsible for any wear and use damage that is considered excessive.