What is a loan insurance and why should I have it?
Loan Insurance is designed to protect your business loans in the event of the death, critical illness or disability of an owner, shareholder, manager or key employee.
This insurance offers several advantages for your business:
- Repayment from your loan, which frees the business from debt and improves its cash flow
- Greater financial flexibility
- Compensation for replacing a strategic resource
For the terms and conditions of loan insurance, see the AMF fact sheet (Québec), the Summaries and the Certificates.