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Understanding the Importance of Loan Protection Plans

If you’re like most Canadians, you play the “what if” game when you’re trying to fall asleep or washing your hair in the shower. When we find the people we love beyond measure, we start letting scary thoughts creep in, like “what would happen to them if something happened to me?”In the midst of these contemplative moments, consider how ensuring financial security could provide peace of mind.

Cashco Financial
June 18, 2021
Man leaning on his kitchen counter looking at bills with the text "When life happens" over top.

Why Loan Protection Plans are Vital

If you’re like most Canadians, you play the “what if” game when you’re trying to fall asleep or washing your hair in the shower. When we find the people we love beyond measure, we start letting scary thoughts creep in, like “what would happen to them if something happened to me?”In the midst of these contemplative moments, consider how ensuring financial security could provide peace of mind.

Keep Scary Thoughts Away

We’re going to say this plain & simple: If you’re getting an instalment loan, you should consider opting into the always optional loan protection we offer. There are many benefits to Loan Protection Plan and this could be your saving grace in the case of unexpected life events.Life happens. We all know that. However, sometimes it seems like we forget that life happens when it comes to protecting ourselves.

Why a Loan Protection Plan

If you have a loan with us, we highly recommend you pick up the phone and ask us about our Loan Protection Plans (or LPP for short).LPP gives you, our client, one less thing to worry about in case of:    

Accidents & illness     ✓ Involuntary unemployment     ✓ Critical illness     ✓ Death     ✓ Lifetime Milestones     ✓ Unpaid family leave

Seriously. It’s Worth It.

In the past 12 months, our Loan Protection Plans have covered almost $2 MILLION of loan payments for our clients! LPP is there for you when you have bigger things to worry about than your loan payment.

Get your copy of Wealthing Like Rabbits

Learn more about actions to take to protect your financial future by reading Wealthing like Rabbits, written by Robert R. Brown! We’ll give you a complimentary special edition when you sign up to be a member of The Village!