Excerpt from: Car Loans Canada -- Getting a Good Loan
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| August 27, 2007 | | Is car loan insurance right for you? | | Your loan is approved, its a big commitment, if it makes you nervous, Insure it. Loan Insurance is peace of mind. In the case of death, the loan would be paid. More importantly, if your disabled due to an injury loan insurance will cover the insured portion of your payments. It's something to consider, I would suggest asking whether this coverage is available for your car loan. | | |
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