If You Own A Business

How would your business cope without its key people?

Have you considered what would happen if one of your key personnel or shareholders became terminally ill or passed away suddenly? What impact could a major employee loss have on your revenue streams? What effects would the death of an important individual have on your business relationships?

What would you think about if your company’s owners became shareholders and joined your firm? What if it was you who died? Would your family be looked after, after the years of hard work and dedication you put into your company?

There are a lot of issues.

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Elegant smart businesswoman in company office
Is money just a tool for you to be able to accomplish everything you want? Is it simply an instrument for you to use in your life’s mission, wishes, and aspirations? Every single person’s financial journey is unique due to the mix of circumstances in life as well as their objectives, desires, and goals.

Key Person Insurance

This type of insurance protects you against the financial loss the business would suffer if a key employee became seriously ill or died.

Personal Shareholder Protection

Personal representatives of the deceased holder can sell the share purchased from them, with a life assurance contract linked to the shareholders personally.

Corporate Shareholder Protection

This is a contract between a company and its investors in which the company may buy back shares from the personal representatives of deceased shareholders at a discount, with the insurance cost paid by the company.

Gift / Inheritance Tax Plans

You may avoid the sale of your business by preparing ahead for any tax liability that may arise as a result of the transfer. As a result, you will not be required to sell your firm to pay off the tax debts.
When you think about protecting your business, you might think theft or the risk of a premises or warehouse of stock being destroyed. But what about losing your key people to illness or death?
Active conversation. Group of business people that working on the project in the office

Protecting your Business

You know your company best, and we know the alternatives available to safeguard it. We can quickly recognize any areas where you, your business, or your family might be exposed based on all of that knowledge and a brief discussion with us.

Tell us about yourself and we’ll assist you in finding and organizing the protection you require.