Helping you protect your business.
Cover your payments
Whether for a loan, line of credit, or Mastercard, we have protection options that will cover your payments if you become unable to.
Cover the balance
Loan Protection can help cover the balance of your ATB loan or line of credit payments in the event of death or disability.
Find the right loan insurance for your business.
Protect yourself from debt
Loan Protection
Loan protection helps cover the payments or balance-owing on your business loan or line of credit in the event of death or disability.
Frequently Asked Questions
In order to apply you must be a borrower, co-borrower or guarantor of the Loan or Line of Credit, or a "Key Person", a resident of Alberta and at least 18 years of age and not yet 75 years of age on the date you apply for insurance.
A key person is an employee of the business entity named on the application that is vital to the operation of your business entity, essential to the ability of the borrower or co-borrower to meet the debt obligation and at least 18 years of age.
The loan can be for a property or business outside of Alberta as long as you are an Alberta resident when you apply for the loan and loan protection.
ATB offers both life and disability insurance on Business and Agricultural loans, including fixed term and revolving loans and lines of credit, Mastercard products (life insurance only) and Agriculture CSC Loans.
Loan Protection is issued and underwritten by Canadian Premier Life Insurance Company.