Business Loan Protection
Business Loan Protection
If a business owner becomes ill and is diagnosed with a critical illness or even dies, business loan protection insurance will cover the repayments on commercial mortgages or loans. This protects the business from debt and reduces the risk of going into administration or liquidation.
Business loan protection insurance is taken out on a decreasing term, which means that in the event of a claim, the lump sum will decrease over time to reflect the reduced outstanding balance owed.
Is business loan protection compulsory?
How do I take out business loan protection?
How does business loan protection work?
Fill out the contact form, and we’ll get in touch
Securing the present. Protecting your future.
First Mortgage Solutions Limited was founded in 2008 with a clear vision that we still carry; to make the mortgage and protectin process as painless as possible, by providing clear guidance and information to our clients throughout – from when their mortgage or insurance policy is taken out, through to full term or renewal.
We are independent and are directly authorised by the Financial Conduct Authority (FCA) which assures our clients that we have no network or product restrictions, and we also have a in-house compliance team that ensures our advisers are always supported and able to give first-class advice.