Business Loan Protection helps businesses pay an outstanding overdraft, loan or commercial mortgage, should a key person die or be diagnosed with a specified critical illness.
Why consider Business Loan Protection?
Being unable to repay loans can be a serious problem for a business following the death of a key person. For instance, Director’s loan accounts should be paid off on death – without business loan protection, where would this money come from?
If you would like to consider the possibilities of how your business can benefit from protecting itself against the loss of key people or shareholders please contact me on 0845 303 1144 or email email@example.com to discuss this further.
Please note, all our content is for general guideline only, every case is different and we would recommend speaking to us before taking any action as a result of the content. The content was correct at the time it was published.