A business is fragile in ways most owners never plan for, a partner dies, a key person is disabled, a signed surety comes due. Business assurance keeps the doors open and the ownership fair when the unexpected hits.
We hold full accreditation and written authority to market products from these providers
These aren’t exotic products. They’re the standard protections that separate a business that survives a shock from one that doesn’t. We explain each in plain language, then get the legal and technical detail right.
The problem: when a business partner dies, their share passes to their family, who may want to sell, get involved, or demand a price you can’t afford. You could be forced to sell the business or take on a partner you never chose.
The protection: a legal buy-and-sell agreement, funded by life cover on each partner. When one partner dies, the policy pays the surviving partners enough to buy out the deceased’s share at a fair, pre-agreed value.
The family gets fair value in cash, quickly. You keep full control of the business. No forced sales, no arguments.
The problem: most businesses depend on one or two people: the rainmaker, the master technician, the relationship-holder. If they’re suddenly gone, revenue can collapse while you scramble to recruit and rebuild.
The protection: the business owns a policy on that key person’s life (and often disability). If the worst happens, the cover pays the company, giving you the breathing room to survive the gap, replace the person and steady the ship.
It buys you time and cash when you need both most.
The problem: many owners sign personal sureties for business loans and overdrafts. If you die, that debt doesn’t vanish. The bank can pursue your personal estate, landing the liability on your family.
The protection: cover sized to your signed suretyships, so that if you pass away the policy settles the business debt instead of your estate. Your family inherits your assets, not your business’s liabilities.
We map every surety you’ve signed. Owners are often shocked by how much they’ve guaranteed.
The problem: if you’re disabled and can’t work, the business’s fixed costs don’t stop: rent, salaries, insurance and rates keep running even while income dries up.
The protection: business overheads cover pays a monthly amount to keep the lights on and the team paid while you recover, typically for up to a year or two.
It protects the business you’d come back to, so there’s still something there when you’re well.
“As a small-business owner I never understood buy-and-sell cover until Preevees explained it over coffee. Now my partner and I are protected if either of us isn’t here, and our families are too.”
When a business loses a key person, the numbers move fast. These are the products we use to make sure the business, and the families behind it, stay standing.
Most business owners are exposed on at least one of these four fronts. A short review will show you exactly where, and what it costs to close the gap.