A Financial Services Partners Adviser can help assess how Business insurance can help you protect what is important.
What is Business insurance?
Business insurance is designed to cover and protect key elements within your business. No matter what size the organisation, Business insurance is important if you want the business to continue. It also includes Shareholder Protection insurance.
What kind of goals can Business insurance be used for?
Shareholder Protection insurance, which may form a part of a Buy/Sell agreement, provides funds to enable business partner/s to buy out the financial interest of an ill, injured or deceased business owner.
Business insurance can also:
- replace lost business income
- replace potential lost profits
- repay a business debt
- maintain cash flow to cover the cost of replacing a business partner, and
- training new key persons.
Your Financial Services Partners Adviser can determine if Business insurance is right for you, after they consider your needs and objectives. They can also determine which other wealth protection strategies can best meet your needs.
Talk to us about how Business insurance might work for you