Business Protection

Protect Your Life makes it their business to understand how important YOUR business is to YOU.

We get it!

Ensuring your business can still operate if you have employees, or ensuring you have income if a sole trader is of paramount importance.

In the event that you have a serious medical misfortune; are diagnosed with a serious illness; have a serious accident, or die, its imperative to have a financial plan you can turn to which includes insurance that pays your business and/or personal expenses, or a lump sum.

Protect Your Life will ensure you have a clear understanding of the marketplace, so as you can be confident that your choices are appropriate. Our experienced insurance professionals will minimise confusion, and help you implement coverage to protect all that you've worked for against unexpected medical induced interruptions.

Having your own Business/personal protection plan in place will ensure that you minimise financial hardship or loss of your business in the event of a serious medical misfortune.

This Business Protection Plan could include Death/Terminal illness; Trauma or Income Replacement;

Key Person Insurance, protects the business should there be a death or incapacitation of someone who is vital to your business, including the owner, and whose absence has the potential to cause financial disruption.

This allows the business to maintain its value and continue operating until a time where the key person may return to their role, or a replacement is found, or in the event of the Owners misfortune, the business sold.

Loan Protection or Personal Guarantor Insurance works by transferring or repaying business debts in the event that a business owner or partner passes away; becomes permanently incapacitated or is diagnosed with a serious illness. The lump sum payable means that you can continue to pay your usual business expenses if the business income decreases due to a business partner's inability to continue working.

A Business Protection Plan should be considered by all business owners, and is essential should there be more than one owner to provide family/estate protection for succession planning purposes.

Contact Protect Your Life TODAY to arrange for an obligation free consultation and learn how we can support you to ensure financial security of your business when you need it most.

Protecting Your Business