Building a business can be a lifelong journey. At Primo Advisory, we ensure that your life’s work is protected in times of adversity like death, disablement, sickness, or injury. Our expert advisors tailor the most appropriate insurance solutions to ensure the ongoing viability and future success of your business. The key areas of business protection we address include:
Buy/Sell Cover
What would happen if you or your business partner had to involuntarily exit the business? Business continuation plans are vital aids in these situations. They provide a plan of action should a partner pass away or be unable to work in the business. Buy/Sell cover protects the business owners, ensuring the smooth running or ownership transfer of the business.
Key Person Insurance
Does your business rely heavily on a key individual? What would happen if that staff member was no longer able to work as a result of injury, illness or death? Keyperson Insurance can be utilised to compensate for any loses in income or to cover the cost of replacing the employee.
Loan Protection Cover
An unprotected debt on buildings or machinery can be detrimental if something were to happen to you or your business partner. Loan protection can provide lump sum protection of up to 100% of the loan value, in the event of your death or disablement for any business expenses.
Business Expense Cover
In the event of your disablement, don’t drain your income protection payment with ongoing business expenses. Business Expenses insurance pays a monthly benefit for 12 months, covering fixed business expenses if you are unable to work.
Contact us today to schedule an appointment with one of our experts about your business insurance needs.
