Business owner protection
Business owner protection benefits
- Protect company assets
- Safeguard employee salaries
- Uphold your credit rating and protect your personal savings
- Receive coverage in case of sickness, injury, death, or critical illness
- Support your loved ones in unforeseen circumstances
Even if you already have insurance, it’s a good idea to evaluate your current coverage. Payment protection insurance is designed to complement your personal life insurance policy. Don’t sacrifice your personal financial safety net by using an existing life insurance policy to pay off business debt.
Business loan / line of credit / mortgage insurance coverage is optional and is underwritten and provided by CUMIS Life Insurance Company. Creditor’s group insurance coverage is optional and is underwritten by Co-operators Life Insurance Company. Supporting services, such as enrollment intake, medical underwriting and claims administration are provided by the employees of CUMIS Services Incorporated. Coverage is governed by the terms and conditions of the creditor’s group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements. See the Product Guide and Certificate of Insurance for full coverage details.