Business Risk Insurance
Buy sell insurance | Key person insurance | business expenses
Would your business be able to buy a departing owner’s share of the business if that person died or suffered a serious illness or injury?
Buy/Sell Insurance
- Pays your business a lump sum if you or one of your partners dies or suffers a serious illness or injury.
Would your business be able to maintain its revenues and profits if one of its key people died or couldn’t work for an extended period due to a serious illness or accident?
Key Person Insurance
- Pays your business a sum of money to offset the estimated financial loss to the business should an owner or other key person die or suffer a serious illness or injury.
Would your business be able to continue paying its expenses if you were unable to work due to illness or injury?
Business Expenses Insurance
- Pays some of your business' expenses if you are unable to work due to illness or injury. Expenses are generally covered for up to 12 months and typically include rent, loan repayments, leasing costs and utilitiy costs.
At Geelong Financial Group Planning, we take the time to understand you and your business – your situation, your needs and your aspirations. Then we help you define your vision of a secure financial future for your business if it lost you, or a partner or other key person. And then, working side by side, we will create a risk insurance plan which will enable you and your business to be financially cared for should the unexpected happen.