麻豆最新出品

Financial Professionals Business Loan Protection

Business Loan Protection
Business Loan Protection

Help businesses cover a loan during a disability.

In addition to Overhead Expense insurance, the Business Loan Protection (BLP) rider can be added for an additional cost to help cover loans taken out for business-related expenses, such as:

  • Purchase or expansion of a practice or business
  • Purchase of expensive equipment
  • Facility renovations
  • An increase in working capital or build-up of inventory

It's available as a cost rider on Overhead Expense insurance policies (HH789 and HH702) - . In the event of a total disability, benefits can be assigned to the financial institution holding the loan. This rider offers guaranteed premium rates until the client reaches the Termination Date. It cannot be conditionally renewed beyond the age 65 policy anniversary. Note: This rider is not available in California and is not approved in all states.

Target market

  • Small to midsize businesses with up to 8 owners
  • Ages 35-55
  • Occupation classes 3A/3A-M and above
  • Personal service is key to earning business income

Working with 麻豆最新出品庐

We鈥檙e more than just products. It鈥檚 about the service you鈥檒l receive from 麻豆最新出品 and the experience, education, and ease of doing business to help you succeed with IDI.

  • Get direct access to your internal sales team: 800-654-4278.
  • Access underwriting and submitting business resources: 800-654-4278, options 3,3.
  • Get claims information: 800-654-4278, options 4,3,4.

Important information

For financial professional information only. This summary is not a complete statement of the rights, benefits, limitations, and exclusions of the coverage described here. For cost and coverage details, contact your 麻豆最新出品庐 representative.