Being the boss can be exciting and rewarding, and as a business ourselves, we appreciate the responsibilities and risks that can come with becoming and staying successful.
Protecting your business against property loss or damage is important, but have you considered the importance of your most valuable asset – yourself and the people you rely on?
Key Person Insurance
Designed to protect a small to medium sized business if a keyperson within the business is no longer able to continue working in that business due to death, total and permanent disability critical illness or accident or sickness.
Provides insurance cover to allow a business to receive a benefit to help pay off any outstanding loans or capital expenses for which a business partner who was forced to exit the business, was a guarantor for.
The absence of shareholder agreements in New Zealand companies is a stumbling block that often results in costly disputes over how private companies are valued, run, grown, or even wound-up.
The main aim of this type of insurance is to ensure the smooth transfer of ownership or winding-up of the business in the event of a shareholder leaving the business upon death, permanent disability or diagnosis of a critical illness or major trauma.
"Really great to deal with. Amanda and Mike are always quick to help and sort out claims when needed, makes the process so much easier!"
"Michael has provided services for me in the past year and I would recommend him to any prospective client looking for Insurance and Investment broker assistance and advice. He is clear with his information, easy to communicate with, provides a prompt and thorough service with detailed options, and looks to provide the best outcome for his clients."
"I have had Michael review our insurances and financial situation. He provided us with an excellent review of our situation and went to the trouble of contacting our accountant and ACC to clarify some points. Very professional and easy to understand. I would highly recommend Michael without hesitation."