Business Loan Protection

Covers loan debt against loss of key staff or shareholders

Banks are typically risk averse and may call in a business loan with no notice, if they view the prospects for a company don’t look rosy. Losing a key director or member of staff could easily be enough to make a bank call in a loan. Loan protection on key people, would allow your business to pay off the debt, without selling business or even personal assets, as other banks are unlikely to lend in these circumstances.

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