Life Insurance Coordination for SBA Lenders

Support for the insurance portion of the closing

When a borrower needs life insurance in connection with an SBA transaction, insurance timing and paperwork can create avoidable friction. We help coordinate the borrower’s insurance process from quote request through lender-requested documentation, with borrower authorization.

Information that helps the process

• Required insured person or persons.
• Required face amount, policy type and duration, if applicable.
• Exact collateral-assignment instructions and assignee name.
• Target closing date and any internal review deadline.
• Preferred contact for insurance documentation.

What coordination can include

Coordination may include clarifying insurance requirements with the borrower, tracking underwriting milestones, facilitating applicable carrier forms and providing policy documentation for the lender’s review. The lender retains responsibility for determining whether requirements have been met.

Refer an SBA borrower

Use Refer a Borrower to send us the requirement, or call 925.852.8261. Borrowers who prefer to start on their own can begin with a Quick Quote; either way, sharing the lender's requirements and timing upfront lets us start with the right information.