Minimize anxiety of meeting financial obligations with Creditor Life Insurance.
If you offer a mortgage, credit card, hire purchase, or other type of loan, TRINRE’s Creditor Life Insurance can protect your borrower’s ability to meet their financial debt obligations by providing a benefit in the event of death, disability, dismemberment, critical illness or job loss.
Benefits
Debt Relief
Upon the unfortunate event of your death, your covered loan is paid off.
Convenience
This insurance is offered alongside the loan or mortgage product making it timely and convenient. Premiums for this insurance can be included with the debt payment.
Quick and Easy Enrollment
Enrollment is simple and automatically pre-approved subject to a Declaration Form for coverage without medical tests up to an agreed amount. (up to $300,000).
Affordability
Creditor Life Insurance premiums are affordable and can be remitted as single premium or monthly premium payments.
If you require further information on our Creditor Life Insurance coverage, call 800-TRIN(8746) to speak to an advisor or contact your Broker.