At Capital, you’ll find several options for protecting your loans that can offer you peace of mind and affordable payments. Be sure to talk with one of our loan officers about these loan protection options when applying for your loan:

Payment Protection

You can opt to protect your personal or home equity loans with our Payment Protection programs for loss of life, disability and involuntary unemployment. The fee will be conveniently added to your loan payment each month and can safeguard your loan, your family, your collateral and your credit rating against unforeseen events. (Payment Protection is not available for business loans.)

Extended Warranty Plans

Capital offers a variety of optional comprehensive extended warranties for new or pre-owned vehicles, even if you don’t have your loan with us. You can choose the program that best fits your budget and your coverage needs. The fee can be paid up front or included in your monthly loan payment. Each Extended Warranty Program includes the following benefits*:

• No deductible on covered parts or labor
• Nationwide coverage
• 24/7/365 emergency roadside service
• 30 day money-back guarantee
• Transferable
• Direct claim payments via Visa/Mastercard
• Convenient access to services via toll-free number

*Some features may vary for new vs. pre-owned vehicles.

Guaranteed Asset Protection (GAP)

With GAP, you can choose to protect your loan in case of a loss due to theft or physical damage of the collateral (such as your vehicle, etc.). GAP covers the difference between your primary carrier’s insurance settlement and the balance of your loan or lease, up to 125% of the MSRP (new) and NADA (used) values.

The GAP premium is significantly lower than what is charged by dealerships while providing the same kind of coverage. GAP coverage is available on the following collateral at the time of purchase: vehicles, motorcycles, ATVs, watercraft, snowmobiles, golf carts, travel trailers, and motor homes. When you opt for GAP coverage, you also receive these valuable Auto Deductible Reimbursement (ADR) benefits:

• Coverage begins on the day of your GAP enrollment and continues for 4 years.
• Covers insurance deductibles up to $500 per loss, with a limit of two losses per year.