Protect your business from the unexpected.

Business Insurance offers a range of benefits that will provide your business with a necessary cash injection should a key person or shareholder pass away or suffer an illness or injury.

Success in business is based on many factors, including an owner's passion and commitment, and the staff's ability to achieve business goals. Success can also be dependant on how a business copes with the unexpected.

Business Insurance is about protecting against the unexpected, through a comprehensive range of Employee and Business Protection solutions, designed specifically for your business, so you can focus on running your business.

New Zealand is a country full of innovators:

• 97% of all enterprises are small and medium-sized businesses (SMEs).
• 89% of SMEs employ five or fewer people.

(Ministry of Economic Development, 2008)

Expect the unexpected – make a plan

Your business is one of your greatest assets and something to be proud of. Ensure all your hard work isn't lost if something unexpected happens. Plan for the unexpected and make sure all your bases are covered. You won't regret it.

Call Jonathan or Andrew on 0800 867 323 to discuss protecting you business from the unexpected.

In what circumstances might the insured person's financial impact to the business increase?

• You now own a larger percentage of the business.
• You have guaranteed more loans.
• The business is worth more.
• Your personal value to the business has increased.

Business Assurance offers a range of benefits that will provide your business with a necessary cash injection should a key person or shareholder pass away or suffer an illness or injury.

The purpose of a 'cash injection':

1. To protect shareholders and their families

Protect your business by ensuring that there is enough money available to buy the shares of a business partner who has passed away or is unable to ever work again. This means that the business will stay solely in the hands of the remaining business partners. It also means that the affected family will get the full value of their shares should something unexpected happen.

2. To prevent a major interruption to your business

Cover the costs of continuing your business in the absence of a key person – whether it's permanent or temporary. This may include:

• recruiting a new employee
• replacing a loss of revenue
• paying fixed overheads.

3. To protect your debt

Business owners often provide personal guarantees against business loans. Make sure that if something were to happen, then those loans would be paid immediately and your personal assets remain safe.

Business Assurance offers a range of benefits that will provide your business with a necessary cash injection should a key person or shareholder pass away or suffer an illness or injury.

Insurance is only one part of your business plan but it plays a very important role.

Self-employed Income Cover

Pays a monthly benefit if the insured person is unable to work because of a total disability.

Life Cover

A lump-sum payment if the insured person dies or becomes terminally ill.

Allows the business to pay off debt and transfer shares.

Complete Disablement Cover

A lump-sum payment if the insured person becomes completely and permanently disabled.

Trauma Cover

A lump-sum payment if the insured person suffers a critical medical condition or trauma. This includes trauma such as a heart attack, major burns or diagnosis of a number of critical diseases – including cancer, multiple sclerosis and HIV.

Trauma Cover will give your business a cash injection when you need it most.

Business Overheads Cover

If the insured person suffers a total disability and is unable to work, then Business Overheads will reimburse your business for its current (fixed) overheads OR pay for the cost of employing a locum.

Business Overheads Cover provides time to return to work without having the stress of business expenses hanging over you. If returning to work is not an option, then it provides time to wind up the business in an orderly fashion.

To discuss Business Insurance or any of your other insurance needs please phone one of our Advisers on 07 578 3863 or Freephone 0800 867 323.