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Business Loan Insurance
Owning a business means you have a unique set
of concerns and risks. Having Business Loan Insurance means
you’re protected, and means that you can focus on making
your business a success.
We offer both Fixed Term Loan Insurance
and Revolving Loan Insurance to make
sure we’re meeting your unique set of needs.
Who’s Eligible?
Any member who is essential for the
business to meet its loan obligations.
Fixed Term Loan Insurance Features
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Life and disability
coverage are available for commercial and agricultural
fixed term loans. |
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Up to $1 million in life
insurance available. |
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Monthly disability benefits
are available. |
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In the event that something
does happen, the benefit is paid directly to the Credit
Union. |
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You have 30 days to cancel
coverage, penalty free. |
Revolving Loan Insurance Features
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Up to $1 million
in life insurance is available on any financial
commitment you have with balances that fluctuate (business
lines of credit, etc). |
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Monthly disability benefits
are available. |
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In the event that something
does happen, the benefit is paid directly to the Credit
Union. |
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You have 30 days to cancel
coverage, penalty free. |
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