ST. PAUL, Minn. — Securian Financial Group recently introduced
major auto expense and auto insurance deductible debt protection benefits as
value add-ons for new and existing debt protection programs offered by
financial institutions.

The company explained the major auto expense benefit cancels
one loan payment up to $500 when a borrower has a major auto expense of at
least $500. The auto insurance deductible benefit cancels one loan payment up
to $500 in the event of an accident where a deductible payment is made.

"These products were created with the borrower in mind and
provide a lot of value for the lender too," said Kris Nelson, actuary and
director of credit protection.

"They provide additional protection for auto loans and will
cancel a payment at a time when the borrower is experiencing extra
out-of-pocket expenses as a result of a major auto expense or auto deductible
payment. These benefits can help ensure that the borrower stays current on
their loan," Nelson continued.

The new Securian auto benefits must be bundled with new or
existing debt protection programs that offer life, disability, or involuntary
unemployment benefits.

To learn more about these auto expense benefits, contact
Ryan Frantzen, the national sales director at Securian Financial Institution
Group at Ryan.Frantzen@securian.com
or (651) 665-1497.

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