BUSINESS INSURANCE
If you’re in business, you’ve probably insured your premises, vehicles, equipment and stock against fire, flood and theft. But what would happen if you were to lose one or more of your most valuable assets – the people who make your business work, including you? Business Insurance helps to protect you against the loss of business partners, shareholders and key staff.
KEY PERSON COVER
What is it? A lump sum or regular payment if a vital member of your business is suddenly unable to work due to death, injury or illness.
How will it help me? If a member of your team is vital to the operation of your business and contributes significantly to your turnover, then you may experience a significant drop in revenue if they are unexpectedly unable to work. Key Person Cover helps keep your business afloat while you wait for that person to return to work or while you recruit and train someone new.
LOAN PROTECTION
What is it? A lump sum or regular payment to help cover loan costs if a business owner or key person is unable to work.
How will it help me? If your business has loan commitments, then the sudden loss of you or one of your key personnel could make them hard to maintain. Loan Protection helps to take care of your loan repayments while your business gets back on its feet.
SHAREHOLDER PROTECTION
What is it? A lump-sum payment if a shareholder dies or is unable to work due to illness or injury.
How will it help me? If a shareholder or partner in your business passes away or is no longer able to work, their shares will usually pass to the beneficiaries of their estate. To safeguard the future of your business, Shareholder Protection helps the remaining shareholders to purchase those shares.
EMPLOYEE BENEFITS
What is it? Insurance plans for your employees.
How will it help me? Attracting and retaining good people is key to any business’s success. Providing your staff members with a great insurance package not only helps keep them happy and engaged, but you’re actively improving their health and wellbeing.