Loan Protection

Protect your financial position

Volkswagen Protection Plus Loan Protection is an optional life, accidental death, disability and involuntary unemployment coverage designed to help you and your loved ones meet your financial obligations in the event of a life-altering event.

Loan protection that has you covered

Volkswagen Protection Plus Loan Protection can take care of your monthly vehicle Lease or Loan payments in the event that you pass away, are involuntarily unemployed, or suffer a covered disability. Volkswagen Protection Plus Loan Protection provides the comfort of knowing your credit rating is protected and your vehicle will stay with your family where it belongs.

Life and Accidental Death

In the event of your death, Volkswagen Protection Plus Loan Protection Life and Accidental Death coverages are designed to reduce or pay off the balance of your Lease or Loan. This helps ensure that the vehicle you purchased remains with your beneficiary or estate, alleviating the worry about the potential loss of your vehicle as a result of a life-altering event. Customers have the option of choosing between either Volkswagen Protection Plus Loan Protection Life or Accidental Death coverage.

Total Disability

In the event you are disabled for a covered medical reason, Volkswagen Protection Plus Loan Protection Total Disability covers your monthly Lease or Loan payments until you get back on your feet, regardless of whether the critical incident is at work, at home, or at play.

Accidental Disability Insurance Plus

In the event you are disabled due to an accident or if you find yourself unemployed through no fault of your own, Volkswagen Protection Plus Loan Protection Accidental Disability Insurance Plus, which includes Involuntary Unemployment Insurance, covers your monthly Lease or Loan payments. This coverage helps keep you in the driver’s seat while finding new employment and returning to the job market.

*The contents provided are only a summary of certain terms and conditions of the contract. Please refer to the actual contract for complete details of coverage and exclusions. The terms and conditions of the contract shall supersede the contents provided in this brochure. The contract may not be available in all Provinces or Territories and specific provisions may vary based upon individual Provincial or Territorial requirements. European or US models may be shown. Photos for illustration purposes only. Some items, such as wheels, may be unavailable on some trim levels when vehicle is built or may not be available in Canada. (E&OE). ©Volkswagen Canada, “Volkswagen Protection Plus”, “Volkswagen“ and the Volkswagen logo are registered trademarks of Volkswagen AG.