When tragedy strikes your whole world can be thrown into a state of turmoil. It’s unpleasant to have to think about, but you know what they say, if you fail to plan you plan to fail. Credit insurance from Money in Motion can help save your business, and your family, from unnecessary hardship should something happen that interrupts your business income stream.
You protect your home with Mortgage Insurance in-case of an accident or death. We can also offer our customers the comfort of this protection on their lease payments with Creditor Life and Disability.
Creditor Life and Disability Coverage
Creditor life and disability coverage can protect your business if you, your business partner or one of your most valued employees can’t work and business is interrupted. In the event of an accident or disability, your insurance will cover the cost of your payments while you’re off work. In the event of a death, you’ll have peace of mind knowing that your business debts won’t be passed along to family members.
Money in Motion’s creditor life and disability coverage includes:
In the event of death, creditor life coverage will pay out the remaining balance of your loan or lease. Coverage for the residual value of your lease is also offered to provide full protection in the event of a claim.
Life Plus coverage provides protection for both disability and life. It will cover your payment obligation for a maximum of 6 months. Additionally, in the case of premature death it will cover your principal amount owed to the creditor for true peace of mind.
In the event of injury or illness-related disability, this coverage will cover your monthly payments from day 1 until you can return back regardless of the duration.
Contact Us Today
Money in Motion insurance coverage can easily be added to existing contracts. We’ve made the process as quick and straightforward as possible. With 10 convenient locations all across Canada, from St. John’s Newfoundland to Vancouver B.C., Money in Motion is always there for you. Contact us today to learn more about credit insurance, equipment leasing or financing services.
Talk to one of our financial experts today to find out more and secure peace of mind!