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Business Protection

Being a business owner, it is important that your family is looked after; any key person in your business is protected against the inability to work; including business debt and insurance can provide a succession plan for your partner.

Secure your future

For the right advice on all financial aspects of life.

Get a Quote

Business Protection

Being a business owner, it is important that your family is looked after; any key person in your business is protected against the inability to work; including business debt and insurance can provide a succession plan for your partner.

Secure your future

For the right advice on all financial aspects of life.

Get a Quote

Key Man Insurance

“A key person is someone whose continued association with the business provides that business with a significant and direct economic gain”

If that person died or was disabled the future profitability of that business would be directly affected by that person not being there. Key man Insurance pays cash into the business when that Key person is disabled due to illness or injury.

  • Ownership Buyout (sales of shares) – Working with your business partners wife or her lawyer might scare you but without a succession plan this can easily happen. This cover will provide the cash sum required to acquire the shareholding of one of the business owners should he/she no longer be able to function or contribute to the business because of serious injury, disability or death.
  • Debt Protection Cover – this benefit is to protect and repay the debt to the business. This includes guarantees which is an increased risk to business owners, in that business guarantees would take priority over family’s rights to assets.
  • Loss of Revenue Cover – Provides a monthly injection of revenue into the business whilst the key person is unable to work.
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ACC Cover Plus Extra

ACC does not provide full insurance cover and will only compensate you for loss of income due to injury and it is important to note.

  • ACC will only pay 80% of declared income so deductions against your self-employed income to pay less tax can materially affect your pay out when injured,
  • ACC claims are taxable where insurance claims are not,
  • ACC levies are based on what work you do and in the case of builders can be very expensive. Insurance is about your age and health status so insurance can cost you a whole lot less.
  • ACC will not pay you for illness and Insurance will,
  • Generally, Insurance pay-outs will far exceed ACC compensation for injury if the injury is permanent.
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Why Business Protection

We have helped a lot of clients and they are not shy about showing off their successes with us. Check out what our clients have to say about their own experiences with us.

Other services to consider

We are dedicated towards providing the highest level of service to our clients.

Insurance

Insurance is the ability to transfer your risk to a 3rd party. It is your choice – risk can be avoided, managed or transferred and we will assist you to manage that risk.

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Kiwi Saver

KiwiSaver is a voluntary, work-based savings initiative to help you with your long-term saving for retirement. There are a range of membership benefits to boost your savings.

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Investment

We provide tailored investment solutions and retirement planning to ensure you have a happy and free retirement.

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Private Medical

Private medical will ensure that you can obtain medical treatment as and when you require it and not be on a waiting list. It can also provide you with non-Pharmac drugs and immunotherapy.

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Request a free call back

All consultants are able to give you a free call back at any time.

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Our Trusted Affiliates

Six Step Financial Services Limited

161 Tasman Street, Nelson 7010

A proud member of

My Solutions

Six Step Financial is a proud member of My Solutions. For further information please click here.

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