Protect Your Business with Tailored Risk Management Insurance
As a business owner in New Zealand, managing risks is key to ensuring your company’s financial stability and future growth. Insuring against common risks like the loss of a key person or a shareholder’s exit can safeguard your business from unexpected setbacks. Here’s how we can help:
1. Key Person Insurance – Protect Your Most Valuable Team Members 🔑
If a critical team member (such as an owner or key employee) becomes ill, disabled, or passes away, it can disrupt your business operations. Key Person Insurance offers financial protection, covering expenses like replacing staff, lost profits, and outstanding debts.
- Ensure cash flow during disruptions.
- Cover debts and hiring costs.
- Keep your business running smoothly.
2. Owner-Manager Risk – Secure Your Income & Overheads 💼
If you, as an owner-manager, can’t work due to illness or injury, your business could face uncovered overheads and incomplete work. Income Protection or Business Income Policies can help cover fixed costs, ensuring you’re protected financially while you recover.
- Cover overhead costs like rent and salaries.
- Prevent revenue loss due to incomplete work.
- Ensure your income continues during recovery.
3. General Staff Loss – Safeguard Your Team & Workforce 🧑🤝🧑
Staff illness or injury can delay projects and reduce productivity. Staff Wellbeing Programs and Medical Insurance can help your team get back to work quicker, while Income Protection ensures they’re financially supported if they can’t work.
- Get your team back to work faster.
- Provide financial security for staff.
- Boost employee retention and morale.
4. Shareholder Buyout Agreement – Ensure Smooth Ownership Transitions 💰
If a shareholder exits the business due to death, disability, or retirement, a Shareholder Buyout Agreement (backed by life insurance) ensures a smooth transfer of shares and avoids disputes. This guarantees your business continues without interruption.
- Facilitate smooth ownership transitions.
- Provide liquidity for deceased partners’ estates.
- Prevent conflicts and maintain business continuity.
How We Can Help You 🛡️
As insurance advisers, we specialize in finding the right solutions to protect your business from unexpected disruptions. We work with you to:
- Identify key risks to your business.
- Tailor insurance policies to your specific needs.
- Provide expert advice to ensure you have the right coverage.
Get the Right Protection Today 🔒
Protect your business, income, and team with the right insurance policies. Contact us now for expert advice and a free quote. Let’s make sure your business can weather any storm.
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