Gmpp after bankruptcy

[Floridasky]

Does amyone know the status of GMPP plans purchased before GM bankruptcy? Thanks.

[BSiegPaint]

[2from53]

GMPP is a GMAC product, not connected to the GM BK. This has been asked several times of late.

[Ken Fichtner]

Important Information
About the Purchase of Your GM Protection Plan
Ongoing economic turmoil driven by uncertainty in financial markets has created an environment in the financial services sector that is perhaps the most challenging in our nation’s history.
GMAC Financial Services, which includes GMAC Insurance, has taken several actions recently to strategically manage its various business operations and improve its access to funding during this historic period of financial instability in the global capital and credit markets. In addition, GMAC Insurance continues to operate with a strong balance sheet, significant market presence and an employee base committed to supporting you, our customer.
Your GM Protection Plan vehicle service contract is a wise and secure purchase. Every GM Protection Plan is 100% insured by a member company of the GMAC Insurance Group. Our companies are highly rated and are regulated by law for the protection of the public.
A legacy of Service. With over 69 years of experience offering quality insurance and insurance related products and services to automotive dealerships, GMAC Insurance has offered high quality vehicle service contract products and exceptional service to our valued customers for 35 years.
A strongly rated company. GMAC Insurance maintains a financial strength rating of “A-” (Excellent) from A.M. Best Company, the main rating organization for the insurance industry. The “A-” rating is assigned to companies that have, in the opinion of A.M. Best, an excellent ability to meet their ongoing insurance obligations.
Protection for your investment. The GMAC Insurance Group of companies is regulated under insurance laws designed to protect you and to enable insurance companies to maintain a sound financial condition.
Direct claims. Under the terms of your GM Protection Plan vehicle service contract, you have the right to make a claim directly against the GMAC Insurance company backing your GM Protection Plan if necessary. Please refer to your vehicle service contract for details and contact information.
We value your business. GMAC Insurance remains committed to providing strength and peace of mind in your GM Protection Plan purchase, and we appreciate you as a customer. If you have questions regarding GMAC Insurance during the purchase process of a GM Protection Plan vehicle service contract, we invite you to contact us at 1-800-631-5590.

Note, GMAC is not a part of the GM Bankruptcy proceedings.

[mfish45]

I looked and found that the same people who are selling Dodge owns GMAC.

[billjax]

Just used mine today, two weeks before it expires on my 2002. Paid for itself more than twice over - becu, etc. replacement!

Got the original and the extension from Ken.