Evergreen Life - Business Insurance
If you want your business to survive the loss of someone critical to its success – due to illness or injury – it’s important to plan for it.
We can help you tailor an insurance plan that protects financial position of your business should something unexpected happen.
Shareholder protection enables shareholders to buy out a business partner or their estate, in the event they need to sell their shares in the company due to serious illness, injury or death.
When you have shareholder protection cover, you’ll also need a buy/sell agreement. You can discuss a buy/sell agreement with your lawyer.
We can also provide Debt Protection Cover for shareholders to repay debts and other liabilities at the same time.
Key Man Cover
Key man cover allows your business to keep rolling when you lose someone that has a big impact on revenue.
Key person cover injects cash into the business to cover operational costs.
With key person cover, you need to consider the all the costs associated with your key person from operational to recruitment.
Get in touch to talk about your business insurance needs.