You have put in a lot of effort and personal sacrifice to build and run a business. Delivering services, watching the costs, getting the right connections and the right people in place are keys to success. Your wealth is generated and often locked up in your business.

Should one of the partners in your business suddenly die or suffer total and permanent disablement what do you think would happen to his or her share in the business or the revenue to the business as a whole.

The biggest asset is its key staff, without them the other assets are at best, static. It is the people with the ideas, drive, initiative, skills, and knowhow who generate the profits and ensure there will be a business tomorrow as well as today.

Issues that can affect Business Partnerships:

• Buy/Sell cover funding the purchasing of exiting partners equity due to death, illness or disability.
• Financially protecting your business in the event a key staff member is lost due to death, illness or disability.
• Structuring the insurance to minimize the tax treatment of both premiums and benefits.