EXTRAORDINARY FINANCIAL SOLUTIONS
BUSINESS LOAN PROTECTION
To enable the business to repay a loan or debt following death or critical illness of person(s) responsible for loan or debt.
WHO IS INSURED
Person(s) who guarantee the loan/debt
AMOUNT OF COVER
Value of the outstanding loan or debt
WHO PAYS THE PREMIUMS
Business
KEY PERSON COVER
To allow the business to replace profits lost, costs of recruitment, etc. following death or critical illness of key person(s)
WHO IS INSURED
Anyone whose presence is a direct contributor to the success of the business
AMOUNT OF COVER
An amount to cover profits for period of recovery, and cost of recruiting a replacement
WHO PAYS THE PREMIUMS
Business
HOME RENOVATIONS
BUSINESS OWNERSHIP PROTECTION
SHAREHOLDER PROTECTION
PURPOSE OF COVER
To provide funds to surviving business owners after the death or critical illness of a shareholder/partner/member, so they can buy the shares from the deceased’s estate
WHO IS INSURED
All shareholders/partners/ members
AMOUNT OF COVER
Value of each shareholder’s/ partner’s/member’s share of the business
WHO PAYS THE PREMIUMS
Individual or business
(if business then taxable benefit on individual)
PURPOSE OF COVER
WHO IS INSURED
AMOUNT OF COVER
WHO PAYS THE PREMIUMS