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Florida Asset Protection News
Protective's Asset Protection Division to Join DealerTrack
LAKE SUCCESS, N.Y., June 26, 2006 /PRNewswire via COMTEX News Network/ -- DealerTrack Aftermarket Services, Inc. today announced that Protective's Asset Protection Division has agreed to join the DealerTrack Aftermarket Network(TM), the industry's first independent provider of real-time aftermarket contract rating and quote generation.
Protective's Asset Protection Division, a leading provider of extended service contracts, guaranteed asset protection (GAP), and credit/disability insurance, is the tenth aftermarket provider to be signed to the network. Other participating providers include Armored Tire, Charter Warranty, Life of the South, LoJack, Old Republic Insured Automotive Services Inc., Ultimate Warranty, Warrantech and Phoenix American/Wynn's Extended Care.
The DealerTrack Aftermarket Network provides dealers free access to real-time information on aftermarket vendors' products and services, and will include all categories of aftermarket products. DealerTrack's online rating and contract functionality creates a faster process, improves accuracy, and eliminates duplicate data entry. The network is now active with one provider and others will be going live in the near future.
"We are very pleased to welcome Protective to the DealerTrack Aftermarket Network," said David Trinder, president of DealerTrack Aftermarket Services, Inc. "Providing real-time data on available options for each vehicle and deal through the DealerTrack platform will boost Protective's efficiency and customer satisfaction. This is a dramatic improvement from the paper-based rate guides and contracting process and will reduce delays and errors, benefiting dealers and aftermarket providers." Read more at dealertrack.com
Asset protection can help when disaster strikes
Asset Protection: More coverage generally means you will have less to pay out of your own pocket if disaster strikes. You must determine the amount you can financially afford to lose. Depending upon your determination, more insurance may be the answer. You need enough liability coverage to protect yourself from lawsuits resulting from your possible negligence.
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Definition:
The person who receives legal title to the assets in the trust but is legally obligated to hold, manage, and invest the trust assets for the benefit of the beneficiaries. The trustee's duties are set by the trust agreement and by law.
Municipal bond
Definition:
An investment security for which a state or local government promises to pay an amount at maturity (usually more than five years in the future) with interest, in return for a current investment. Municipal bonds are generally tax-free, but not always.
Durable power of attorney
Definition:
A power of attorney that remains valid when the principal becomes incapacitated.
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