Business life insurance options

Partnership cover

Provides a lump sum payment to help with your Buy/Sell agreement. If a business partner dies or is permanently disabled, this cover allows the other business partners to buy the deceased or disabled partner’s share.

 

Business expenses cover

Helps to keep your business running if you’re ill or injured and can’t work for more than 10 hours a week. If you’re a sole trader, a small business owner or if you’re in a partnership, you can claim up to $25,000 a month for up to 2 years.

 

Key person cover

Provides a lump sum payment to help with the impact of a key person passing away, or being seriously ill or injured. They could be a director, shareholder or the main revenue generator for your business.