In today’s worLd, most businesses carry some form of debt – be it a commercial mortgage, an expansion loan or a line of credit for start-up costs.
Creditor insurance ensures unexpected emergencies don’t impact your business’ ability to cover payments.
What type of creditor insurance do you need?
MORTGAGE INSURANCE
This is a relatively low-cost life and disability insurance policy. It’s purchased when you set up your mortgage, and the premiums are added to your monthly payment.
- Mortgage life insurance helps pay off your mortgage if anything happen to you or your spouse ($500,000 maximum)
- Mortgage disability or illness insurance covers your monthly payments ($3,000 maximum) for up to two years
LOAN & LINE OF CREDIT INSURANCE
Loan and line of credit insurance is very similar to mortgage insurance in that it provides coverage for life and disability. It’s purchased at the time you take out your loan and the premiums can be added to your regular loan payment.
STREAMLINE YOUR CASH MANAGEMENT
Efficiently managing cash flow is critical to your business success. Our payroll and merchant services help you make the most of your money.
We've got you covered with a full suite of solutions to protect your business against the unexpected.
No matter how cautious you are, life can still throw curveballs. Make sure you protect yourself against the unexpected too.
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