Life Plus
LifePlus protects a loan, up to this maximum dollar amount.
What is $100,000?
This protection offers up to 6 months, or $6,000 in payment benefit.
What is Involuntary Unemployment?
BETTER LUCK NEXT TIME
-300
A Member can choose a _ _ _ _ _ _ _ _ _ of $0, $100, $250 or $500 when purchasing MRC
What is a deducible?
Between now, and March 31, 2026, Members pay this much for GAP Plus with Deductible Assistance
What is $649?
If your doctor diagnoses you with this type of illness, LifePlus will pay off your loan, up to $100,000.
What is a Terminal Illness?
This protection may pay off a monthly loan payment for up to 12 months, or $12,000.
What is Disability?
A husband & father is funding an auto loan to replace the family vehicle. He shares his concerns that the monthly payment would be too much for his wife if he were loss his income as a full-time construction worker.
Which PSP option would you best recommend?
What is Option 2?
What is Disability and Involuntary Unemployment?
This plan option covers 11 components, including engine, transmission, front and rear wheel-drive, steering front-suspension, brakes, electrical and air conditioning, basic hybrid/electric vehicle components, seals, and gaskets.
What is Silver?
What is the Silver Plan?
Unlike dealer GAP, our product offers THIS additional benefit of up to $1,000 in loan payments when a Member is required to pay a deductible under their primary insurance carrier's policy. The benefit is available twice per 12-month period.
What is Deductible Assistance?
Once the protected Member is 75 years old, the benefit for LifePlus is reduced to this percentage.
What is 25%?
Employed, and _ _ _ _-employed Members qualify for Disability and LifePlus protection on their loans and credit cards.
What is self?
What is Self-employed?
LUCKY
+300
If you lose or damage your vehicle's electronic key fob, MRC offers unlimited replacements at up to this amount per occurrence.
What is $800?
GAP will cover a re-financed loan if the new loan term and loan amount do not _ _ _ _ _ _ the original loan term and loan amount.
What is exceed?
This protection offers up to 3 payments, or $3,000 in benefits if a protected Member is admitted to a hospital for at least 48 consecutive hours
What is Hospitalization?
For Involuntary Unemployment, Hospitalization, Family Medical Leave, and Loss of Life of a Non-Protected Dependant, a Member needs to have the protection for this long before a LifePlus or Involuntary Unemployment occurrence is considered a covered event.
What is 3 months?
The monthly PSP fee is calculated as a rate per
$_,_ _ _ owed on the last day of each month.
What $1,000?
What is rate per $1,000?
For just $50, a Member can _ _ _ _ _ _ _ their MRC policy to the new owner
What is transfer?
Unlike dealer GAP, our product offers THIS additional $1,000 benefit as a loan payment when a Member funds a new SchoolsFirst auto loan within 120 days of their total-loss insurance settlement.
What is GAP Plus?
What is Plus?
This protection offers up to 3 payments, or $3,000 in benefits if a protected Member losses a dependent not listed as a covered borrower on the PSP Agreement who is listed as a dependent on the Member's tax return for the past 2 years
What is Loss of Life of a non-protected dependent?
PSP is _ _ _ available for short-term loans, specifically, Payroll Savings Loan, Classroom Supplies Loan, Uniform Loan, Wardrobe Loan and Single-Pay Certificate Loan
What NOT?
What is not available?
Share a Member story how you recommended PSP!
+1,000
MRC will reimburse a covered Member for up to $_ _ per day for up to 10 days for substitute transportation, such as rental cars, Lyft, Uber, or taxis.
What is $50?
Members can purchase a GAP policy with cash anytime. Members have _____ days to finance their GAP purchase within their auto loan.
What is 90 days?
What is 90?