Business Protection


Any business that has more than one owner, a key person (or key people), or business debt needs to protect itself. The death or disability of one of its owners or key people can leave it financially exposed.

These protection needs can be described as;

– Buy/Sell (Ownership) Protection : Life, TPD and Trauma insurances in conjunction with a valid legal contract is used to fund the transfer of ownership of a deceased partner’s share, or the business to the surviving business partner

– Key Person Cover – Asset (Loan Protection) : Protect assets against bank guarantees in the event of death or disability of a key person

– Revenue : Insure against lost revenue in the event of a loss of a key person

– Business Expenses Cover : If you are the key revenue driver of your business, how would you meet your fixed business expenses such as office rent, leases on vehicles/machinery, insurance costs, utility bills, salaries on non-income producing staff, locum costs for example? Your business expenses insurance will provide you with an essential buffer to keep your business viable while you recover or while other plans are being made.