Insure your loan to protect your business in case of the death, critical illness or disability of a key member of your organization.
The death, critical illness or disability of an owner, shareholder, manager or key employee could jeopardize the success of your business. Ensure that your business can continue operating by taking out commercial loan insurance. Don't forget that you can insure your loans at any time.
Here are some of the benefits of National Bank's loan insurance:
To learn more, see the Distribution Guide – Line of credit and Demand note insurance or the Distribution Guide – Term loan and Mortgage loan Insurance.
1 Applicable for insurable amounts greater than $100,000.
The information on this page has no contractual value and is intended only to help you understand the product. If you have questions of a legal nature, refer solely to your insurance certificate and policy. In the event of a discrepancy between the information on this website and your insurance certificate, the certificate shall take precedence.
Applicable tax on premiums : Quebec: 9%, Ontario: 8% and Manitoba: 7%