< Business Risk Insurance - MIB - Mortgage & Insurance Brokers

Business Risk

Insurance

Key person and Business Risk Insurance

  • What would happen to your business if you suddenly weren’t there?
  • How would you feel if you lost your home because your business partner got sick?
  • How would you repay your Debts?
  • What personal guarantees do you have? Do you realise they don’t die with you?
  • How would you manage without an income?
  • What happens to your shares if you can no longer work in the business?
  • Would you want to be in business with your business partners wife?

Facts for SME Market

  • 65% of owners believe their business is dependent on them
  • 1 in 5 businesses is forced to close down within 3 months post an event happening to their owner
  • 70% of self-employed businesses that wind up do so in part due to serious injury
  • SME’s typically release one third of the perceived value

Sources:
ACC NZ
NZ Centre of SME Research
ANZ Barometer 2008 & 2010

Protect your most valuable asset

Talk to me about mortgage protection insurance

Contact me today