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Protect your company’s finances with business loan insurance

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BUSINESS LOAN PROTECTION

  • Business loan protection helps to mitigate your company’s liabilities and protect the finances as you expand and grow.

WHY IS THIS BENEFICIAL?

  • To keep your business running and preserve your company’s cash flow upon an untimely demise of the keyman.

Disclaimer

Buying an insurance policy is a long-term commitment. An early termination of the policy usually involves high cost and the surrender value payable (if any) may be less than the total premiums paid. The contents of this webpage do not constitute a contract of insurance and reference should be made to the respective policies for the exact terms and conditions applicable to the insurance policy. It does not constitute an offer to buy or sell an insurance product or service. It is also not intended to provide any insurance or financial advice. All insurance products described in this webpage are product(s) of and underwritten by the insurer(s) and not Standard Chartered Bank (Singapore) Limited (the “Bank”). The Bank shall not be liable in any manner whatsoever regarding your application or the contract of insurance. In facilitating insurance arrangements or in referring customers to any insurer, the Bank is acting in alliance with the insurer and not as an agent for customers.

This webpage is being distributed for general information only and it does not constitute an offer, recommendation, solicitation to enter into any transaction. This webpage has not been prepared for any particular person or class of persons and it has been prepared without regard to the specific investment or insurance objectives, financial situation or particular needs of any person. You should seek advice from a licensed or an exempt financial adviser on the suitability of the product for you, taking into account these factors before making a commitment to purchase any product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you.  You are fully responsible for your investment decision, including whether the product described here is suitable for you.

The policies are protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (“SDIC”). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact the insurer(s) or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg)