Personal Guarantor Insurance
Many surviving business owners have been shocked to find that the death of a guarantor triggers an automatic default in most loan agreements.- Is it possible you would be forced to refinance or repay business loans if you or one of your business partners were suddenly out of the picture?
- Could the overdraft facilities of your business be withdrawn?
- Would your personal guarantees be called upon?
Appropriate insurance is the least costly and one of the most effective solutions to ensure your business is able to continue meeting its financial obligations.
