SBA Life Insurance Term Requirement

April 21, 2026

by a searcher from Harvard University - Harvard Business School in Los Angeles, CA, USA

Does anyone happen to know the SBA requires the term of the the life insurance policy to mirror the term of the loan? So, for example, on a 10-year SBA loan does the Key Individual require 10-year term life insurance? That's not always possible. Curious if there are any workarounds.