Insurance Products & Loan Terms

Loan Terms
*Globe does loans for as small as $500 and terms as short as 6 months.
Our loans are setup into monthly payments with many different payment options. disability picture

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Insurance Products
The many insurance products we offer, which are designed to help protect your credit and insure the collateral, are briefly described below. The premium for these products can be included in your monthly payment on your loan.

Insurance Product	Benefit/Coverage
Credit Life and Disability Insurance	This insurance will make your monthly payment if the insured is off work due to illness or injury and under doctor's care. This will make the payment until you are able to return to work. In the case of the life insurance, it would payoff the entire loan if the insured should die.
Involuntary Unemployment Insurance	This insurance will make the monthly payment if the insured is involuntarily unemployed. The number of months the insurance would cover is deteremined by the term of the loan.
Fire/Property Insurance	This insurance will pay for damage or theft of personal property that is used for collateral.
Collateral Protection/Auto Insurance	This insurance covers the comprehensive/collision insurance requirement that Globe has on most auto loans. It comes with a $500 deductible and will cover damage done to your automobile only.