The INFORMED Overview

Business Loan Protection ensures the business can repay a loan or overdraft following illness or the death of a key person who may have been the guarantor

BUSINESS LOAN PROTECTION – The key pointers

  • An important consideration in any business with a loan or overdraft
  • Protects the company and directors families where guarantees have been given

Business Loan Protection

Business Loan Protection is important to those with outstanding borrowings such as a loan, commercial mortgage or director loan account

What is Business Loan Protection?

Business Loan Protection, should a key person die or be diagnosed with a critical illness during the length of the policy, helps businesses pay an outstanding overdraft, loan or commercial mortgage.

How does Business Loan Protection work?

Business Loan Protection is actually a life assurance or life assurance and critical illness policy. It can be taken out on the life of a person or persons within your business.

Why do I need 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 loan accounts should be paid off on death – without business loan protection, where would this money come from? Loan protection
Informed can help protect the business, directors and their families in critical times as directors may have given personal guarantees, or have made directors loans

Important consideration for business with loans and overdrafts

Make your first step towards getting in touch

Simply call 01628 638822 or just use the reply email.

  • ‘Informed made the whole process easy and we are enjoying our new home’