What is the ruling on buying a car from a dealer if the financing company imposes a late fee after two months and stipulates life insurance to guarantee payment of the amount upon death?

The contract contains two prohibited conditions: The first is the imposition of a late penalty fee for not paying the installment, which is the forbidden usury of Jahiliyyah. The second is the imposition of a commercial life insurance subscription as collateral for the debt, which is also prohibited. The presence of these two conditions prevents entering into this transaction and signing the contract. Even if the insurance were cooperative and Takaful, the condition of a late penalty fee is not permissible to accept.