Expert Business Loan Protection Advice
Business Loan Protection also known as Business Liability Protection – Insurance to enable your business to pay off outstanding loans in the event of a guarantor’s critical illness or death.
Many organisations/companies currently trading have outstanding obligations (commercial mortgages, business developments loan, other business loans) secured against them. Such loans are frequently secured against managing directors, owners or other key individuals within a company.
Considering what impact a critical illness or death of a key individual could have on your company in advance is crucial for your business.