Key Person Insurance
Key Person Insurance is not a specific type of policy—it refers to the purpose of insurance.It is the use of one or more insurance types—Life, TPD, Trauma, and/or Income Protection—to protect a business against the financial impact of losing a key individual.A key person may be a business owner, director, or critical employee whose skills, […]
Share Buyout Insurance
Share Buyout Insurance is not a specific type of policy—it refers to the use of insurance to fund a buy-sell agreement between business owners.It typically involves a combination of Life and/or TPD Insurance held on each owner, designed to provide the funds needed to buy out an owner’s share if they pass away or become […]
Business Expenses Insurance
Business Expenses Insurance provides a monthly benefit to cover fixed business costs if the business owner is unable to work due to illness or injury.Rather than replacing personal income, it is designed to keep the business running by covering ongoing expenses such as rent, staff wages, equipment leases, and utilities during the owner’s absence.