Business Insurance

Key person capital protection ensures a business can maintain the capital value and stability of the business, in the event of death, disability or critical illness of a business owner.

It provides the business a lump sum payment that can be used to pay:

  • Debts for which the business owner is solely or jointly and severally liable
  • Proprietor loans

This prevents the business from having to:

  • Tap into business profits
  • Access cash reserves
  • Borrow additional funds
  • Sell assets