2. Why do I need life insurance when buying a vehicle?? In the unfortunate event that the policy holder dies, the auto loan will be paid off and the debt will not be transferred to your family members. Life insurance is a very inexpensive way to ensure debt is not left behind. Leave an asset instead of a liability!!
3. Any further question about CardIF Life Insurance, please see your sales associate or finance manager and they will be able to further assist you.