Overview.

Life Insurance.

This extra coverage protects your loved ones from financial obligations by taking care of your BMW lease or finance payments until the end of the contract in case of the unthinkable. Single or joint coverage is available, and approval is automatic the minute you apply. What’s more, we handle the details for you, and there are never any medical questionnaires or physicals required. It’s a real shame all life insurance can’t be this hassle-free.

Disability Insurance.

Similar to our life insurance, Disability insurance ensures that your BMW lease or finance payments are taken care of in case you’re diagnosed with a disability. We’re proud to offer “best in class” protection that even includes neck, back, and soft tissue damage, as well as disability from stress – things that many other insurance providers fail to cover.

Please see your local BMW Retailer for full coverage details.

Features.

- The premium is 100% financed, and included within your monthly payment.

- You’ll receive a 5% bundled pricing discount when purchasing both Life and Disability Insurance coverage.

- There is a 50% Co-applicant discount.

- Neck/Back/Mental/Nervous System/Soft Tissue Damage Disability coverage.

- There is a 6/6 Pre-existing Condition* period for both Life and Disability Insurance policies.

Coverage.

BMW Life Insurance covers Customer payments, up to a maximum payout of $150,000, until one of the following occurs:

- Product cancellation.
- Contractual coverage term expires.
- Customer turns 75 years of age.

BMW Disability Insurance covers Customer payments, up to maximum payout of $4,000 per month, until one of the following occurs:

- Customer is no longer disabled.
- Product cancellation.
- Contractual coverage term expires.
- The Customer turns 66 years of age.

Eligibility.

BMW Creditor Life and Disability Insurance can be applied to:

- Any natural person between 18-74 years of age for Life Insurance.
- Any natural person, between 18-65 years of age for Disability Insurance.
- Any New or Pre-Owned BMW lease or finance contract.