No matter what business sector you operate in, your company's ongoing success and development will often hinge on a number of leading individuals, be they key personnel, Directors or business Partners. Without them, the future sustainability of the business could be in jeopardy.

What would happen to your business if you were to lose one of your key personnel, Directors or Partners through their premature death?

It's not a thought anyone likes to dwell on, but the unfortunate reality is that it happens all the time.

The ultimate aim of a Business Assurance policy is to allow you to put structures and monetary arrangements in place now, to protect your business financially following your death, or one of the leading figures in your organisation.

Most importantly, by having a policy in place you have a cash sum available to deal with the adverse business scenarios caused by the death of you or a colleague, such as:

• A reduction in company profits
• Paying your company bills, hiring a replacement or paying outstanding bank loans
• Purchasing a deceased Partners or Directors share of the business, and ensuring their estate receives the shareholding's market value

Talk to Kielty Cashell Financial today about the benefits and advantages of Keyman Cover, Company Director (Shareholder) Assurance and/or Partnership Assurance.

Key Person Protection

The future success of every business is dependent on a few key people. A Keyperson is any "key" employee, director or consultant on whom the business depends for its continued success, or existence, and on whose death or serious illness the business could suffer a financial loss.

Putting Keyperson Insurance in place can help your business overcome the financial repercussions of losing a valued member of staff. The policy will pay out a lump sum to the business on the death or serious illness of an insured Keyperson.

Partnership Assurance

The death or serious illness of a partner can have major repercussions for the future of your partnership. It can cause immediate financial hardship for the remaining partners and maybe even loss of control of the business. In essence, the death or serious illness of a partner can potentially jeopardise the future of your business and can have major implications for the remaining partners.

Company Director / Shareholder Protection