Payment Protection

Payment Protection Header

We don’t just think about building cars. We think about the drivers behind them. If something happens and you can’t make your payments, we’re right by your side. With Honda Plus Payment Protection you’ve got a choice of options to provide peace of mind.


Life Insurance

  • Pays off the balance of your vehicle loan obligation in case of unforeseen life events
  • Leases your estate with the asset of the vehicle vs. the liability of the debt
  • Maintains the value of all your other insurance policies
  • It’s affordable peace of mind


Disability Insurance

  • Makes your vehicle loan payments for you if you are unable to work at your job
  • Confinement to your home or hospitalization not necessary
  • Benefits will continue until you return to work
  • Pays in addition to any workplace or private plans


Critical Illness Insurance

  • Pays off the remaining balance of your loan if you are diagnosed with any of the following:
  • Heart attach
  • Stroke
  • Malignant cancer
  • Paralysis
  • Organ transplant
  • Bypass surgery
  • Most people survive their critical illness and with your vehicle loan paid off any additional insurance benefits can be directed to where you need it most


Loss of Employment Insurance

  • Makes your vehicle loan payment in you involuntarily lose your job
  • Can claim more than once
  • Accidental injury coverage also included
  • Protects your credit


Benefit Type Life Insurance Disability Insurance Critical Illness Insurance Loss of Employment Insurance
Pays out the balance of your vehicle lease or loan x x
Covers your vehicle payments until you are back to normal x x