Being sidelined with a critical illness or disability can impact your bottom line and lead to issues like significant debt and possible bankruptcy. Business Credit Living Benefit Insurance pays a benefit towards the outstanding balance of your insured business credit products if the insured person suffers from a covered critical illness or becomes totally disabled1.
With this coverage, you could be eligible for up to $1,000,000 if you are diagnosed with life-threatening cancer or suffer an acute heart attack or stroke. This benefit could help you keep your business running and help you meet your financial obligations even as you deal with a personal setback. In addition, the disability coverage offered in Business Credit Living Benefit Insurance can pay up to $3,000 per month for a maximum of 24 months if the insured person becomes totally disabled2.