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Life/Disability on loan? #13023802 01/09/19 09:29 PM
Joined: Jan 2018
Posts: 25
C
chevyss2008 Offline OP
Outdoorsman
OP Offline
Outdoorsman
C
Joined: Jan 2018
Posts: 25
Everything I have purchased through my credit union, I always get life/disability on the loan. Do any boat finance companies offer this as well? Im thinking about buying a new (2016-2019) Phoenix bassboat this spring. Most credit unions will only go 84mos tops on new boat loans so that would put my note a tad bit higher than I would like...Just curious is this was available from boat lenders or not.

Re: Life/Disability on loan? [Re: chevyss2008] #13024526 01/10/19 02:55 PM
Joined: Oct 2010
Posts: 395
RecLending.com Offline
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Joined: Oct 2010
Posts: 395
Good morning,
We do offer Credit Life and Disability on the loans we do. It has become more common in the last couple years. Those are insurance items so there is licensing involved and that is why some don't offer the product. I am licensed for Life, Disability, Health and Casualty Insurance. We also have set up an agency for our company to properly handle the business. As you know, it is a product that can be added to a finance package much like a service contract.
Let me know if I can help.
Thank you,
Ken

(517) 543-6921 - Office


RecLending
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