Our specialists can help you develop a programme to put the right plans in place to give you the peace of mind if the worst happens, protecting your business, your people and your livelihood.
What really produces the profits in your business: machines or people?
A business protection strategy provides the framework and funds to replace a key employee at difficult times and maintain revenues while you adapt to the new circumstances.
Smart business owners recognise that, in order to ensure the future success of their business, people strategy is critical. Not only to minimize the impact, brought about by the loss of people that are relied upon, but also to make sure the business remains in the right hands in the event of death or serious illness of a business owner and / or key employee.
Our team will work with you to develop and implement appropriate solutions to provide the stability you need to keep your business running if a tragedy were to happen. Keeping your business, your people and your livelihood protected.
We’re here to help you ask the right questions, so that together, we can work on the best outcomes for you, your business and your people.
A key person can be an owner, a top-producing salesperson, a manager or another person whose contributions are critical to the success and survival of your business. When a key employee is absent from the business, it can create a potentially difficult situation, for example loss of revenue. This in turn can impact a companies ability to meet it financial obligations.
The amount of money required is different for every company and as a business owner you can implement a life insurance &/or critical illness contract to protect the loss of the key individual. In the event of a claim, the business receives the benefit. This is intended to help maintain the company’s stability during the time it takes to replace the key employee.
In the event of a company director or shareholder passing away, it is important to plan what happens to the shares. We recommend the remaining shareholders implement a strategy for the business to retain their shareholdings and for the families to be appropriately compensated.
Protects your business against the loss of a key person
Business protection against any outstanding loans if the business owner or a person who the business relies on, were to suffer a serious illness or pass away.
Ensuring protection in the event of a shareholder being absent, in the event of death or long term illness
Providing tax efficient death in service benefits on an individual basis no matter how small your business is.
Regardless of it being a serious business issue, a policy claim, or just general advice that’s needed, [Partners&] have always delivered. Clarenco are delighted with their commitment and support. I would have no hesitation in recommending them for commercial business, friends and family.
We first appointed [Partners&] in 2010 to benchmark our insurances against our multinational broker. The savings made were such that it was decided to move the company’s business across [to Partners&] that year. Since then, our relationship has grown, and we have been assisted in the settlement of a complex claim made against the company to the full satisfaction of the board of directors. We have been impressed with their personal service and we would have no hesitation in recommending them.