In the event of accident or illness, would you be able to meet your financial obligations (repaying loans or additional health-related expenses, etc.) or would you need to postpone certain business projects?
Credit insurance (Loan Insurance and Line of Credit Insurance) covers you in the event of disability, allowing you to:
- avoid having to dip into cash assets to make loan payments, or postpone important plans
- have the financial leeway to replace the disabled person, offset the decrease in operating income or pay for additional health-related expenses
- maintain your good credit record, since the insured portion of loan payments is made automatically
We offer insurance to ensure your business runs smoothly and can overcome obstacles no matter what.
Credit insurance products are offered by Desjardins Financial Security.
Loan Insurance: Helps you meet your company’s financial obligations by making your loan payments in the event of disability or death.
Line of Credit Insurance: Covers your line of credit payments in the event of disability or death, no matter what your balance or other line of credit related debt.
Attractive insurance option
Did you know that Loan Insurance benefits are paid for the duration of the period of disability, until the loan is paid in full or the insured reaches the age of 70?