Protecting Business with Insurance
How would you protect your business to ensure continuity of your business in your absence.
How would your business manage if a key member of your team – or you – were unable to work? Allsure Financial Solutions can help you to develop a plan for your business.
- Could remaining business partners manage the work load?
- Would they be able to buy out the shares of the remaining spouse?
- Where would they get the money from and how easily would they get the money?
- How would your suppliers react?
- How would the bank react?
- How would your customers react?
Many businesses put insurance in place to protect the value of their stock, the buildings and the motor vehicles. But, what about the people that work in the business – that have key relationships with suppliers, customers and years of knowledge.
Allsure Financial Solutions can help you to develop a plan for your business offering a comprehensive range of cover that provides financial support to suit a variety of situations.
- Buy/Sell Agreement
- Debt Protection
- Key Person Cover
- Loss of Revenue Protection
Insurance cover can be used to fund buy/sell agreement commitments, debt repayments commitments and key person replacement costs in the event of the death, terminal illness, total and permanent disability or trauma of a sole trader, key employee or an owner/debtor guarantor.
They can also be used to fund business debt repayment in the event of the death of any individual, or provide capital to the business to refund replacement costs and loss of revenue in the event of the death of a key employee of the business.
In addition to the above, the following standard insurance can be structured within your Business Insurance cover
Life Cover, Trauma Cover, Severe Trauma Cover
You can choose just one type of cover or a combination of cover to suit your own particular situation and business needs.
For a one on one discussion on how we can help email Sean