WALKAWAY Finance Protection™ is a unique program that provides consumers with the financial flexibility they need when an unexpected life event occurs. It offers consumers a cost-effective way of structuring their automotive lease or finance contract so they have options in a time of need. WALKAWAY Finance Protection™ is the original vehicle return program that pioneered a new industry. WALKAWAY Finance Protection™ products help people get out of vehicle loans and leases when they experience one of the life events the program covers.
You’ll receive one year of Complimentary coverage if you finance purchase or lease from an authorized WALKAWAY dealer. At the time of financing or leasing, or within 30 days, you can choose to upgrade and extend your coverage for the full-term with more benefits.
You get sick, suffer an injury, become unemployed, or experience another covered life-changing event and can no longer keep up with your loan or lease payments.
With your Complimentary coverage, you can use up to $7,500 as a credit to make up the difference between what you still owe on the vehicle and the depreciated value of the vehicle. If you chose to upgrade your coverage, you may be able to keep your car, while WALKAWAY covers your payments up to a certain amount, depending on your level of coverage.
WALKAWAY Finance Protection™ covers 12 real-life events. Depending on your level of coverage, these unexpected events would be covered:
WALKAWAY Finance Protection™ will appeal to anyone who finances or leases a vehicle. Everyone qualifies for the Complimentary coverage regardless of age, health condition, or employment record.
No limit on the amount being financed for the vehicle.
Coverage term is up to 96 months for new and used vehicles either leased or financed.
No pre-existing health exclusions
No medical examinations, no ‘good health statements,’ or health questionnaires.
No age limits for the 12-month Complimentary plan.
Age eligibility is 80 years less a day for full-term coverage.
8201 Highway 12 West Orillia, Ontario L3V 6K5