iA Dealer Services, a division of iA Financial Group, has specialized in creditors’ group insurance for over 55 years. iA Dealer Services introduced the first accident and health plans to Canada's auto dealers in 1963 and has been leading the way ever since. Since its inception, iA Dealer Services has continued to diversify and explore new product opportunities: extended warranty, appearance protection, tire and rim protection, anti‐theft programs, GAP, replacement warranty/insurance loss of employment, and critical illness programs.
Loan Repayment Protection
iA Dealer Services’ creditor group insurance, also known as loan repayment protection, is one of the most comprehensive loan repayment protection of its kind. The best way to achieve peace of mind is to plan ahead. So, it’s good to know that the insurance coverage you choose will reduce the financial impact of life’s unexpected challenges, on you and your loved ones, should anything happen to you:
Life coverage - If you were to suffer a fatal injury or illness, life coverage will pay off the insured portion of your loan. This means that your family can keep the asset and not have the strain of heavy monthly loan payments.
Critical Illness coverage - If you are to become diagnosed with a covered condition, critical illness coverage provides a lump-sum payment that will pay off the insured portion of your loan. A ‘living life’ benefit, critical illness insurance is designed to eliminate the financial strain of the loan, giving you the freedom to focus on getting well.
Accident & Sickness coverage – If you become disabled and unable to work, the disability coverage will take care of your insured monthly loan payments, allowing you to focus on getting better and back to work. You can choose the type of disability plan (accident and sickness or accidental disability plus loss of employment coverage), and the length of the waiting period that works best for you and your budget.
Vehicle value deficit coverage – A unique program covering the vehicle value deficit in the event the unexpected were to happen to you. The Vehicle value deficit is the difference between the amount you owe to the financial institution and the value of your vehicle.
Depending on the program that you choose and the covered event, you may have the option to keep your vehicle or have monthly payments made on your behalf. Or you may have the option to return your vehicle to the dealership and have the vehicle value deficit paid in full. Whether you choose to return or keep your vehicle, our Vehicle value deficit coverage gives you the freedom and the peace of mind to deal with life’s winding roads
Our SPP Extended Warranty protection plan is a comprehensive line of extended service contracts available for various assets, including:
Each program has a variety of plans to choose from. With a deductible that can sometimes be as low as $50 and a list of options that can include 24/7 Roadside Assistance, Rental Services, Trip-Interruption Expenses, coverage for Diesel Engines, Claims Free Rebate, Contract Transferability in case of asset resale and Deductible Reduction, if you return to the selling dealership for repair, protecting your investment, has never been easier!
Our extended warranty protection plan is your best protection against the cost of future repairs. Ask about the options, plans and benefits available... and then leave the worries to us.
With Companion Replacement Warranty, you are in the driver’s seat. You can lock in comprehensive coverage for several years with no annual renewals, no annual increases and no chance of cancellation due to driving experience or losses.
With our program, your new vehicle is replaced with a current model in the event of Total Loss due to theft, fire or accidental damage. For pre-owned vehicles, you get the advantage of a replacement credit that is adjusted annually for inflation.
iA Financial Group
iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States.
Founded in 1892, it is one of Canada’s largest public companies and is listed on the Toronto Stock Exchange under the ticker symbols IAG (common shares) and IAF (preferred shares).
- Was founded in 1892
- We are the 4th largest life and health insurance company and one of the 100 largest public companies in Canada
- Has over $189.5 billion assets under management and administration
- Is responsible to over 80,000 shareholders
- Insures over 4 million Canadians
- Employs over 7,400 people
- Has a network of over 25,000 representatives
- Holds the A+ (Superior) rating from AM Best Company, an independent organization that continually assesses the financial strength, earnings and capital position of life insurance companies.
- Is committed to the highest standards of sustainable development (environmental, social, governance)
For more information on iA Dealer Services visit: www.iadealerservices.ca