Insurance for Businesses
Protection for your Business
How important is it to you, that your business and family survive an unexpected life event?
Business Banking Group Creditor Life Insurance is designed to provide protection for commercial/ business debt in the case of an unfortunate or unforeseen event involving one of the principals of a business. Insurance coverage extends to the following Business Banking Lending Products:
Business Banking Term Loans | Business Banking Mortgages
Maximum Business Banking Coverage: USD 250K. It's a simple, convenient way to provide Credit Protection for you and your family members and business partners.
My business… knowing I’m covered.
Business Banking Group Creditor Insurance† |
Business Banking Group Creditor Life |
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Group Creditor Insurance provides the following coverage:
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Group Creditor Life:
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Who is eligible?
The applicants must be liable for the credit facility in whole or part, either directly or as a guarantor or endorser. Up to three (3) persons may apply.
Claims Process
- Prompt claims settlement
- Claims proceeds can be deposited directly to your CIBC bank account
Contact Us
Contact your Business Banker for more details here >.
Business Banking Group Creditor Insurance† offers excellent service, with prompt and compassionate claims response. Whether for personal or business purposes, your policies can be bundled to meet your individual needs and save you money. Our dedicated staff are willing and able to find the perfect solution for you. Secure your ability to meet any mishap with insurance that’s strong and responsive.