Climate Disaster Insurance is designed to support you if your business is affected by a natural disaster. Here’s how it works:
- Automatic Activation: Once your credit is disbursed, the insurance policy is activated right away. You don’t need to take any extra steps.
- What’s Covered: The policy protects you against natural disasters such as earthquakes, windstorms, floods, droughts, and fires that may impact your business.
- Outstanding Credit Protection: If you meet the eligibility requirements, your outstanding credit balance will be covered under the insurance in the event of a climate disaster.
This insurance is part of our commitment to keeping you supported during unexpected challenges, giving you peace of mind as you grow your business with Fido.