Business Loan Protection
You may have taken out a loan for vehicles, equipment, a commercial mortgage – anything your business needs to get on. The lender may well have asked for a personal guarantee before handing over the money. What if someone who’s key to repaying the loan dies? How vulnerable is the business? How vulnerable are you? With our protection, you needn’t be.
Business Loan Protection features:
- Business loan is still repaid in the event of death or critical illness.
Business Loan Protection benefits:
- Reduced worry on the business as to where it will find the money.
- Earnings and wealth of the owners/shareholder are not affected.
- Business retains a good credit rating as no defaults on payments.
- The business can continue to trade.