Many businesses have not given consideration to what would happen to the business should a partner or shareholder die or be diagnosed with a critical illness. How will the business continue in this event? How will the family of the partner/shareholder be reimbursed?
Every business has key individuals that help make or break it, that contribute to its overall profitability. Should this individual die or suffer a serious illness, will existing business relationships suffer? How will profits be affected? Will the health of the company suffer?
We can also arrange your basic essential business insurance such as public liabilities, employer/employee insurance, office insurance and fleet vehicle insurance.
Do you have any business borrowing that needs protecting?
At JG Financial Planning we will help advise on shareholder/partner protection schemes and key persons business protection policies to help protect the continued financial health of your company and its profits. We will help protect essential borrowing so that in the unfortunate event of death or diagnosis of critical illness the borrowing can be re-paid.