Running a business is complex and uncertainty bears many risks. Business Assurance replaces uncertainty by guaranteeing financial liquidity no matter what the future holds.
Every business consists of three parties: the business (management), the owner, and the employee. Each have their own risks and financial needs. One risk that all businesses face, is the risk of losing key personnel or shareholders.
What is Business Assurance?
Business Assurance is risk insurance taken out to protect your business from the potential financial consequences should an essential member of your business die, become disabled or suffer a critical illness. This could be you as an owner, an executive or an employee.
Why is it important?
Business Assurance replaces uncertainty by guaranteeing financial liquidity no matter what the future holds. As a business owner, it is prudent to consider business assurance in terms of risk management, succession planning and the overall stability of the business, for the employees.