If you’re the person who runs the business, your ability to turn up and work is the business. Take you out of the picture and the income drops or stops, but the debts and expenses don’t. The people you’ve built things with are left in the lurch.
Quality advice about personal insurance can fill that gap for your business.
Many clients are referred by their accountant after a moment that makes the question real, like a partnership being formed, or a big debt being taken on, or a key staff member becoming critical to the operation. Regardless of what made you reach out – we are here to help.
For businesses with more than one owner.
If one of you dies or can’t work again, this cover funds the buy-out of their share. The remaining owners keep running the business and the exiting partner’s family is paid out properly.
For businesses where one person’s absence would significantly impact revenue.
Often that’s the owner. Sometimes it’s a senior employee whose relationships, expertise or licences hold the business together. This cover pays a lump sum to help manage lost income, debts, or the cost of finding and training a replacement.
This keeps the business running while you can’t.
Rent, leases, utilities and other fixed overheads that don’t pause just because you’re not there. So when you’re ready to come back, you’ve still got a business to come back to.
For most business owners, the business and the household are tied together.
Personal cover (life, TPD, income protection, trauma) usually sits alongside business cover to protect both. We help you work out what each piece is doing, and whether you’ve got the right balance.
The structure of the policy depends on how the business is set up, who owns what, how debts are held and what the partnership or shareholder agreement says. There’s no one-size-fits-all template.
We sit down with you, work out how the business is structured and look at what’s already in place. Often there’s something through your superannuation fund or an existing adviser.
If you’ve got an accountant or solicitor you already work with, we coordinate with them so the cover, the legal documents and the tax treatment all line up.
Complex applications mean back-and-forth with insurers, medicals to organise, and sometimes pushing back when the terms don’t make sense. We handle that. Same as we do for personal cover, but with more structural complexity to work through.
The exact figure depends on how complex the business structure is, how many owners are involved, and how much existing cover we’re reviewing. Business advice usually costs more than personal advice because there’s more to work through, but we’ll let you know what to expect early in the process before you commit.
After that, no ongoing fees and no lock-in contract. Your premiums go to the insurer, the insurer pays us a small ongoing amount, and that’s what funds the reviews, the admin, the claims help, and the pick-up-the-phone service for as long as you’re a client.
Even a simple “I want to chat about my insurance” is enough to start.
