Credit Insurance

Credit InsuranceMDA Services Ltd. markets group credit life and disability insurance products through the business office of your dealership. Group creditor insurance, simply stated, is a type of insurance policy purchased by a borrower that pays off or makes payments to an existing debt in the event of a death or disability. All customers that purchase the insurance are not subject to any pre-screened medical tests or other qualifications that a private insurer may require. Coverage is effective immediately subject to certain pre-existing conditions. All MDA Services credit insurance is retro-active to the first day off of work subject only to a qualifying period that has been chosen by the customer.

The Assurant Group (previously American Bankers Insurance Group) have partnered in business with MDA services since 1997.

They provide you, the dealer, with the most secure and safest underwriting in the marketplace. The Assurant Group ensures that all claims from your customers are adjudicated in a positive, prompt and professional manner.

MDA Services Ltd. has paid out, to date, over $98,240,990.00 in vehicle loan payments due to sickness, injury or loss of life.

Refund Procedure

Refund Calculator

Insurance Order Form

Procedure Guide

Printable Supplies

Life & Disability
Insurance Video

Manual Credit Application