Business Loan Protection
Losing a person from your business who is the guarantor for a loan, can be a serious thing.
Why consider business loan protection?
Losing individuals from within your business who have guaranteed a loan could make things difficult. Business Loan Protection helps you to pay off an outstanding overdraft, loan or commercial mortgage if the guarantor dies, or becomes terminally or *critically ill during the policy term.
Expecting the unexpected
Business Loan Protection is life assurance, or life assurance and critical illness cover, for the life of an individual or individuals. A sum which is equal to the outstanding debt could be paid to either the business or directly to the lender if a valid Business Loan Protection claim is made.
* If critical illness cover is chosen as an additional option at an extra cost.
Speak To Us About Your Business Loan Protection Needs
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