Self employed & need business protection options?

Owning and running your own business or practice is more than just a job, regardless of your age. It is often the place you have decided to invest a substantial amount of your personal time, focus and money. It represents both income and capital value for you, and for those you care about most. But it’s a unique investment that needs to be safeguarded too. Let us show you how to help protect the investment you have made in your business and safeguard you and your family from business financial risks.

Many business owners don’t hesitate to insure physical assets such as motors vehicles, plant and equipment. However they often overlook the importance of insuring themselves and protecting their family and their personal assets from unseen business risk.

• Is your home securing business debts?
• Have you ever given a 'directors guarantee' to the business loans or trade accounts?
  
• Are there multiple directors in the business all with different families?
• Would you be forced to sell your part of the business if you were sick and unable to work?
• If your business has debts, do you and other key people have suitable insurance cover?
• As a business principal, have you considered insuring the people who play a key role in the ongoing success and profitability of your business?
• As a business principal, if you are in business with other people, have you established a Buy-Sell agreement funded by insurance to protect you from others death and disability?
  
• If you’re self employed or run your business through an entity such as a company or trust, have you established Income Protection Insurance for yourself?
  
• When taking out insurances, have you considered paying level rather than stepped premiums? - by using this strategy, you could pay a lower premium over the life of the policies, and make your cover more affordable at a time when you need it most.