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CREDITOR INSURANCE

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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:

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  • LIFE
  • LIFE PLUS
  • RETROGRESSIVE DISABILITY
LIFE

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

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.

RETROGRESSIVE DISABILITY

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.

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Money in Motion insurance coverage can easily be added to existing contracts. We’ve made the process as quick and straightforward as possible.

Money in Motion is always there for you. Contact us today to learn more about credit insurance, equipment leasing or financing services.

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