PROTECT YOUR COMPANY
If one of your business owners is diagnosed with a critical illness or passes away, then it is likely that will cause a problem for the continuity of your business. Business loan protection is designed to provide a business with the funds to repay a commercial loan or mortgage if this happens.
It is sensible planning to have this in place, particularly if your business owner is key to the success of your company. To discuss if this would benefit your company, get in touch with the team at Hunter & Cole Associates in Waterlooville.
HUNTER & COLE ASSOCIATES CAN ARRANGE:
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Business loan protection cover
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Paid directly to the business or the lender
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Protects your business cash-flow
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Available as decreasing cover or level cover
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Protects your business in the event one of your business leader dies or has a critical illness
WOULD IT BENEFIT YOUR COMPANY?
Whether business loan protection cover would benefit your company is dependent on many circumstances, so we would always advise you to speak to a specialist adviser. They will be able to assess the level of debt your company has and the ability of your company to repay it in the event an owner cannot work due to critical illness or death.
