"Business is challenging enough without having to worry about how you will cope if you are unable to work due to sickness or injury. Running your own business may provide greater freedom and independence but you also have more responsibilities than you would have as an employee.."
Are you prepared for all eventualities? Could you afford to be ill for several months or suffer an injury that puts you out of action and requiring expensive hospital treatment? Would you have sufficient income to pay your way and create continuity for your business?
Start-up Income Protection Insurance provides income protection for newly self-employed by providing the benefit of monthly payments made if you are unable to work due to sickness or injury.
Business continuity provides a monthly payment to keep your business running should you, as the owner of it, become disabled as the result of an accident or ill-health and be unable to work for more than 10 hours per week.
Key person provides a lump sum to headhunt a replacement, train and induct that replacement, pay a competitive salary and maintain business continuity for the maintenance of client relationships, creditors and business profitability.