Services
Business Assurance
Whether you require assessments on your business’s balance sheet and income statements, valuations on your business as well as business restructuring advice to minimise business risk; we are qualified and able to offer this service as well as Business Overhead Projection, Commercial Balance Sheet Assessments (to identify risk) and many more – outlined below.
Provides cover solutions for business individuals/co-owners that may be faced with risks such as death, disability, or retirement of a partner or key person in a company.
Every business will have highly skilled and valued members in which the success of the business is heavily dependent on. The loss of a key person will have a significant financial impact on the growth and sustainability of the business assets or capital value going forward, if insurance is not taken out on the life of the individual(s).
This type of cover will pay out the specified amount for the loss of life thereby compensating the business for the means to provide the required funds for the recruitment and training of a new key individual whilst, at the same time, protecting credit facilities.
This insurance policy will pay out an amount of cover equal to the loan amount on the life of the Director or employee who stands surety for the debts of the business.
A Contingent Liability policy can be taken out for various reasons:
- To secure an Overdraft
- To cover a personal guarantee
- To cover a shareholder’s loan account
- To cover a mortgage bond