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  • Report:  #633238

Complaint Review: CHASE Payment Assurance

CHASE Payment Assurance I purchased Chase's payment assurance for my car loan..the promise made was that it would cover my car payment if I lost my job...when I was laid off, they advised the fee they have been charging me o , Internet

  • Reported By:
    terrie12 — Boonton New Jersey United States of America
  • Submitted:
    Thu, August 19, 2010
  • Updated:
    Thu, August 19, 2010
I purchased Chase car payment assurance so I would be covered in the event of losing my job.  When I called to take advantage of the benefit, I was advised that my insurance payment never covered involuntary unemployment, only disability...which was not as much as a concern to me.  I think they "switched" the policy and lied to me.  They never sent documentation...only took a payment every month....I should have asked for documentation beforehand....If you take out any assurances from Chase...be sure to get and SAVE all documentation of the assurance....
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