Running your farm takes a special commitment and responsibility.
Much of your success depends on meeting your financial obligations and reducing your risks wherever possible. We offer Business Loan Protection—coverage for when the unexpected happens.
You recognize the importance of credit in building your business. But what will happen to your business if something happens to you or one of your business partners?
Insurance Institute studies show that each year, one out of every eight people cannot work for at least three months because of a disability. Even more are away from work for at least two months because they’re recovering from an accident or unforeseen medical emergency.
Even a few months without income can drain your resources and prevent you from meeting your financial obligations. Disability insurance on your loan could cover your payments when you are disabled.
For most of us, the risk of suddenly dying is the last thing on our minds. But if you died suddenly and left behind an uninsured loan, your family, beneficiaries, or business partners would face the additional financial burden of repaying that loan. Resources you put aside for other purposes may have to be used for loan payments. Loan or line-of-credit life insurance could pay off your loan in the event of your death.
Loan Protection proves there’s a way to peace of mind with ATB Financial. Loan Insurance at ATB Financial is provided by Sun Life Assurance Company of Canada, a member of the Sun Life group of companies.