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Creditor Insurance
This is a disability insurance product that offers unique, comprehensive coverage for all of an insured’s loans with a financial institution.
Eligible loans: Mortgage, loan for car, boat or motorcycle (lease or purchase), line of credit, personal loan, credit cards, leverage loan for investment purposes, any fixed term loan with regular payments.
Buying a property or new vehicle or taking out a line of credit involves a substantial financial obligation. Do you have the right coverage?
Creditor Insurance is an ideal solution because it enables you to pay off all or part of your loan balance in the event of disability, death, or critical illness.