Auto loan insurance ?

Ren asked:

Can someone please tell me there is any financial institution that offers some sort of auto loan insurance...something online pharmacy like mortgage insurance..that if the loan originator passes away, the loan will automatically be paid off?

Reply:

You can get it through any life insurance agent. It doesn't need to be used for the loan if the survivors don't want to use it for that. Get a small term life policy. You can also get one through a dealer, but your ins. agent will probably save you $

 

Finance your car here onsite if you need help buying one of these beauties :)

 

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