Study

Gesa - TLP, ADR - Nov 2024

  • True or false: DPW covers motorcycles.
    True
    False
  • Which is a GAP Advantage benefit?
    $1,000 for replacement vehicle loan
    Free insurance
    $500 for repairs
    No benefits
  • True or false: DPW covers commercial vehicles.
    False
    True
  • What is a GAP Waiver?
    Payment plan
    Insurance policy
    Loan extension
    Protection against total loss
  • How does DPW benefit borrowers?
    Reduces interest rates
    Reduces loan balance
    Offers cash back
    Provides free repairs
  • What is the minimum LTV for GAP?
    91%
    80%
    100%
    50%
  • Which collateral type is eligible for ADR claims?
    ATVs
    Boats
    Passenger vehicles
    Motorcycles
  • True or false: GAP is required on loans.
    True
    False
  • True or false: DPW is ideal for all loans.
    False
    True
  • True or false: ADR covers unlimited losses per year
    True
    False
  • Which collateral type is eligible for GAP?
    Bicycles
    Only new cars
    Trucks only
    Motorcycles
  • True or false: DPW is refundable after 60 days.
    False
    True
  • What is the primary benefit of Auto Advantage?
    Auto Deductible Reimbursement
    Free car wash
    Roadside assistance
    Discount on gas
  • True or false: DPW helps protect against depreciation.
    False
    True
  • What is the coverage period for ADR?
    1 year
    5 years
    3 years
    2 years
  • What is the maximum loan term for DPW?
    90 months
    60 months
    72 months
    84 months