RV Loan Protection
Protecting Your Family From the Unexpected.
When you finance an RV, you are making a commitment to a monthly payment for the next 10 to 20 years. A lot can happen in two decades.
At Leisure Days RV Group, we offer Creditor Insurance (Loan Protection) to ensure that if the unexpected happens—an accident, an illness, or a tragedy—your RV loan doesn't become a burden to you or your family.
Types of Coverage
1. Life Protection (Walk-Away Coverage)
If you were to pass away, your RV loan doesn't disappear; it becomes a liability for your estate.
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How it works: In the event of death, this coverage pays off the outstanding balance of your RV loan completely.
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The Benefit: Your family inherits a paid-for asset (which they can keep or sell), rather than inheriting a monthly bill.
2. Disability Protection (Payment Protection)
If an injury or illness stops you from working, your income stops, but your bills don't.
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How it works: If a doctor says you cannot work due to a covered injury or illness, this plan makes your RV payments for you.
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The Benefit: It protects your credit rating. You don't have to choose between buying groceries and paying for your RV.
3. Critical Illness Protection
Surviving a heart attack, stroke, or cancer diagnosis is physically draining—and expensive.
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How it works: If you are diagnosed with a covered critical illness, this plan pays off the remaining balance of your loan.
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The Benefit: It eliminates a major financial stressor so you can focus 100% on recovery.
Why Not Just Rely on Work Benefits?
Many customers assume their insurance through work is enough. However, work plans often have limits:
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Income Gap: Disability usually only pays 60-70% of your wage. Can you afford your lifestyle on 60% of your income?
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Not Portable: If you lose your job or change employers, you lose your coverage. Our Loan Protection belongs to you, not your employer.
Bundled Protection
We can often bundle Life, Disability, and Critical Illness into one comprehensive package for just a few dollars a payment.
Common Questions
Do I need a medical exam? Is it retroactive? Read our Loan Protection FAQ.
