Creditor insurance is a way to help you pay your debt or keep up with payments if you are diagnosed with a critical illness, become disabled or pass away. Creditor insurance can make a lump sum payment towards your loan or regular payments directly to your creditor. You can insure your mortgage, loan and line of credit (personal/business) and credit card balance.
Creditor insurance is protective umbrella that will minimize the financial impact if you were to suffer from a critical illness, disability or premature death.
Please don’t hesitate to contact us to see if creditor insurance makes sense for you.