Debt Protection

Debt protection insurance gives your business full protection, if one of the people who ‘created’ the debt dies or is taken out of the business. It covers any outstanding business debit, loans or contingent liabilities and gives the business sufficient cash in order to repay debt rather than having to sell assets to repay the debit. It removes the possibility of the bank recalling the debt, leaving the business severely hamstrung and not able to function.