Services for your Business
Plan
Your business is an entity that has value to the shareholders, obligations to its creditors and derives profit from the key people that it employs.
You have business plans to support your growth aspirations and cashflows. You will have plans for mitigation of risks within the daily operations of your business.
The risk audit that we perform is associated with the premature death or incapacity of a business person who is the owner and/or key employees of the business.
We use specific questionnaires with the Directors to support understanding your business in the areas of Shareholder Value, Debt and Key People.
The purpose of this audit is threefold:
i. To ascertain the financial position of your business, and the Directors in relation to it.
ii. To identify and quantify the areas of risk to which the directors and your business are exposed and
iii. To recommend approaches to managing that part of the risk which you do not wish to carry.
The recommendations provided are designed to offer a strategy that protects your business and its associated individuals in the event of premature death or incapacity
Protect
There are four main types of risk responses for business.
Avoid:
Eliminate the risk by changing plans or removing the risk source
Transfer:
Shift the risk to a third party (e.g., through insurance or outsourcing)
Mitigate:
Reduce the likelihood or impact of the risk
Accept:
Acknowledge the risk and prepare for potential consequences
The concept of Business Insurance is to provide the cashflow, control and certainty to the business owners.
The basis for creating this control and certainty is to transfer the risk of the business and use Insurance to underpin the solutions of:
Shareholder Protection
Debt Protection
Key Person Protection
The questionnaire that was used in the plan stage, and the insurance solution that is put in place are then able to be used by legal professionals to put agreements in place that creates the intentions to transfer, reduce or accept the risk within your business.
While we don't provide general insurance as part of our product offering, we are able to refer you to our commercial partner, Blanket Advice Limited, who have access to some of the most comprehensive policies on the market. If we establish a need for Fire & General insurance, and with your permission, your information will be passed to Blanket Advice Limited to support your requirements.
Attract and Retain
Employee benefits are a powerful tool for business success.
They attract top talent by demonstrating your commitment to their well-being and future, making your company stand out.
Once hired, comprehensive benefits retain your best people by boosting job satisfaction and loyalty.
This strategic investment leads to a more engaged, productive workforce and significantly reduces costly turnover.
Working with your business we can create solutions that best match the value and support that you want to offer to your employees.
Solutions can be crafted from:
Group Medical
Group Income Protection
Group Trauma
Group Total and Permanent Disablement
Group Life
Kiwisaver
Estate Planning
We can also provide lunch and learn sessions and workshops for your team, covering topics such as understanding the solutions you've provided, KiwiSaver, budgeting, and other areas to support your team's Financial Wellbeing
Ready to take the lead?
The first step is to book a call, we can then decide together what is the best way to support your goals. For your peace of mind, there are no obligations to proceed or fees to pay.