Your Small Business Credit Card is designed to help you manage your business expenses easily and conveniently.
However, in the event of your death or if you are diagnosed with a covered critical illness, this convenience could become your family’s financial obligation. Life and Critical Illness Protection can prevent this from happening.
Life and Critical Illness Protection can pay off your outstanding credit card account balance, relieving your loved ones of added financial pressure at a difficult time.
Plus, if you choose to provide a credit card to an employee for company use, then the balance outstanding on that card can also be paid off if you were to die or be diagnosed with a covered critical illness.
Premiums are based on the outstanding account balance of your previous month’s credit card statement,
No premium will be charged on a card with a previous month’s account balance equal to zero.
Insurance is underwritten by GK Life Insurance Eastern Caribbean Limited.