SBA Life Insurance Resources

Clear, transaction-focused guidance for borrowers and SBA lending teams. Requirements depend on your specific lender and loan.

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What lenders require

Pillar guide

SBA Loan Life Insurance Requirements

When life insurance is required, how amounts are set and what to ask your lender.

Read the guide →Program guide

SBA 7(a) requirements

How 7(a) life-insurance conditions differ by transaction.

Read the guide →Program guide

SBA 504 requirements

CDC and bank financing conditions for 504 projects.

Read the guide →Coverage amount

How much coverage?

How lender-specific insurance amounts are set.

Read the guide →

Process and timing

Getting started

Life Insurance for an SBA Loan

What to do when your lender says coverage is needed.

Read the guide →Timing

How long does it take?

What affects underwriting and the closing timeline.

Read the guide →Closing tool

Closing checklist

Keep the insurance condition moving to completion.

Read the guide →Underwriting

Medical exams

What happens when a carrier needs more review.

Read the guide →

Your policy

Documentation

SBA Collateral Assignment of Life Insurance

How assignment works, how it differs from a beneficiary, what delays closing.

Read the guide →Existing coverage

Using an existing policy

What to confirm before assigning a policy you already own.

Read the guide →Policy options

Term Life Insurance for SBA Loans

Matching term length and face amount to the requirement.

Read the guide →Policy options

Convertible term

Future flexibility alongside current coverage needs.

Read the guide →Underwriting

Can't qualify?

Addressing a difficult underwriting outcome early.

Read the guide →Underwriting

Health conditions

Why early, accurate underwriting matters.

Read the guide →After closing

After loan payoff

Releasing the collateral assignment after payoff.

Read the guide →

Your transaction

Transaction guide

Business Acquisitions

Insurance planning for SBA-financed business purchases.

Read the guide →Transaction guide

Franchise financing

Insurance considerations for SBA-financed franchise owners.

Read the guide →Lending teams

For SBA Lenders & Loan Brokers

How BDOs and brokers refer a borrower and what we coordinate.

Read the guide →

Ready to start?

Have your lender's written requirement and target closing date handy. Quotes are subject to carrier underwriting and your lender's requirements.

Get a Quick Quote ↗ Already have a policy? Request an existing-policy review · Questions? Email Beau or call 925.852.8261.