Our most practical advice is to start early.
This means you should get the ball rolling at least two months before you need to receive money from your lender.
Insurance underwriting takes time, and lenders often will not disburse money until the insurance policies are in place and collateral assignment forms have been signed.
We believe that personal disability insurance should never be used as a collateral. Would you hand your entire paycheck over to a bank every month? If a lender tells you that you must assign a disability insurance policy for your business loan, call us - we have an inexpensive solution.
It is our goal to get you the best coverage at the best cost. Keep in mind that it is better to start earlier and younger, and the benefits far outweigh the cost. Disability and death can happen to anybody at any time. Will you be prepared?