Disability business protection insurance provided by RBC Insurance helps keep businesses protected in the event that owners and key persons are unable to work due to a disability.
Here is the list of coverage options available:
The Business Loan Insurance Plan
The Business Loan Insurance Plan will help secure your family, business partners, and employees, if something ever happens to you. This insurance plan lets you choose from three main options:
Critical illness coverage with life insurance (provides up to $500,000 per insured person to help pay off outstanding loans).
Disability coverage with life insurance (provides up to $7,000 per month towards loan payments).
Life insurance only (provides up to $1,000,000 per insured person to help pay off outstanding loans).
Business Overhead Expense
Plan for self-employed professionals and small-business owners (less than 5 employees)
From age 18 to 60
Non-cancellable product that is guaranteed continuable to age 65
Benefit payments are available for 15 or 24 months
Premiums may be tax deductible as a business expense
Disability Buy Sell
Key Person Protector
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