Credit life insurance is optional coverage that pays off or reduces the amount owed on a specific outstanding debt, in the event of an insured customer’s death.
Up to certain policy limits, a covered claim under a credit life insurance policy can pay off the outstanding balance of the covered borrower’s loan in the event of the borrower’s passing during the term of coverage. The insurance carrier will make the applicable payment directly to the creditor for the debt.
Credit disability insurance is optional coverage that makes loan payments if an insured customer becomes sick or injured through a covered event and is unable to work.
Upon submission and approval of a covered claim, credit disability insurance can pay some or all of a borrower’s monthly loan payment(s) during the period that the borrower is unable to work due to the qualifying disability. Under the policy, covered loan payments are made by the insurance carrier directly to the creditor. Borrowers remain responsible for any portion of their loan obligation not covered by the credit disability coverage.
Credit involuntary unemployment insurance (IUI) is optional coverage that makes loan payments to the creditor in the event of a covered claim if an insured customer becomes unemployed due to involuntary termination, layoff, strike, or another covered event.
Upon submission and approval of a covered claim, the insurer makes monthly payments to the creditor for your loan during your covered unemployment. The maximum number and amount of monthly payments covered varies by state.
AD&D is an optional coverage that provides a benefit to the insured or his/her named beneficiary in the event of accidental death or bodily injury resulting in dismemberment and/or loss of sight.
Upon submission and approval of a covered claim, the insurer will pay benefits to the insured or named beneficiary, as applicable.
Home & Auto Plus is an optional membership plan that offers various benefits that cover specific out-of-pocket costs related to a covered home or vehicle, as well as providing access to various health, travel, and entertainment discounts.
The plan offers roadside assistance, towing, specific outpatient medical services, auto and home locksmith services, auto, homeowner, and renter’s insurance deductible reimbursement, and more, based on the terms and conditions of the plan. Please note that the plan is not available in all states, and some benefits vary by state. A summary of the plan is available here. More details are available at www.realbenefits.com, but all terms and conditions of the plan are set forth in the applicable plan document and are available upon request.
Auto Plus is an optional membership plan that offers various benefits that cover out-of-pocket costs for unexpected expenses related to a covered vehicle, as well as providing access to various travel and attraction discounts.
The plan offers roadside assistance, towing, auto repair reimbursement, auto locksmith services, auto insurance deductible reimbursement, and more, based on the terms and conditions of the plan. Please note that the plan is not available in all states, and some benefits vary by state. A summary of the plan is available here. More details are available at www.realbenefits.com, but all terms and conditions of the plan are set forth in the applicable plan document and are available upon request.
GAP is an optional contractual waiver that may reduce or eliminate any remaining loan balance that is not covered by a payment received from the borrower’s primary insurance carrier when the vehicle securing the loan is subject to total loss or theft.
Upon submission and approval of a covered claim, GAP will pay the difference between the borrower’s insurance settlement on his/her vehicle and the outstanding loan balance up to the state-specific coverage maximum. The payment is made directly to the lender and may not cover the full balance of the loan.
The Silver Safeguard Plan is an optional plan designed to cover certain expenses related to family, health, and other expenses.
The plan includes reimbursement for expenses related to hospitalization, moving and storage, identity protection, travel and attraction discounts, and more, based on the terms and conditions of the plan. Please note that the plan is not available in all states. A summary of the plan is available here. More details are available at www.realbenefits.com, but all terms and conditions of the plan are set forth in the applicable plan document and are available upon request.
Any vehicle-secured loan requires full comprehensive and/or collision automobile insurance on the collateral throughout the term of the loan. If a customer does not have the required coverage, Single-Interest Automobile coverage or a Collateral Protection Plan, both of which only protect Mariner Finance’s interest in the collateral, is offered to meet this requirement when available. This coverage is optional, subject to terms and conditions related to an auto-secured loan’s collateral, and does not provide protection to the borrower.
For more detailed information about each of the optional products available, you can download the product brochures shown below. Simply click on any of the linked brochures for more details. You can also always reach out to your local branch with additional questions.
Whether you want to consolidate your debt, pay your bills, or travel to your dream destination, Mariner Finance is here to help you. Explore our personal loans today and let us help you move one step closer to meeting your financial goals.
Upon your application submission and approval, we’ll present you with any available personal loan offer(s). We understand that every borrower’s needs and goals are different. So, we customize our offers to meet your needs.
