insurancebusiness Insurance

Private Capital Management

Business Insurance

Business insurance requires the skill of bringing together the role of financial planner, wealth manager and business owner.

The use of insurance within a business context is a sophisticated strategy that requires not only the understanding of insurance, but also the fundamentals and dynamics of how businesses actually work.  The team at Private Capital Management has extensive experience with Investment Banking and Investment Management to ensure your business insurance needs are met.

Well known and highly regarded insurance providers include AIA, TAL and Zurich.

There are a number of different strategies to implement business insurance.

Key Person Insurance

Key person insurance is structured to protect your business in the event of the loss of a person who makes a significant contribution towards one’s business, who also has strong skills and abilities running an organisation that are difficult to replace.  Key person insurance can be structured into either key person revenue or key person capital.  Private Capital Management will work with you to understand how to structure these policies tax effectively, and what capital or revenue requirements need to be met.

BUSINESS LIABILITY INSURANCE (BUSINESS DEBT COVER)

Business liability insurance is designed to provide the policy owner (which could be an individual or the actual business) to cover business liabilities, which can be either internal or external to the organisation. 

BUY-SELL INSURANCE (SHARE PURCHASE OR PARTNERSHIP PROTECTION)

Buy-sell insurance can also be classified as “partner/shareholder protection”.  As buy-sell insurance is a sophisticated tool, legally enforceable agreements are required and Private Capital Management will work with your solicitor and accountant to ensure these are structured appropriately.  Buy-sell policies will allow partners within a business to acquire equity from another partner through either death or disability.

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THE BENEFITS OF OBTAINING BUSINESS INSURANCE THROUGH PRIVATE CAPITAL MANAGEMENT

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TOTAL OR PARTIAL DISABLEMENT PAYMENT

Business insurance (key-person) provides a monthly benefit for a set period of time to keep your important business asset running, should you become totally or partially disabled

WAIVER OF INSURANCE PREMIUMS TO HELP YOUR CASH FLOW

Should you become totally or partially disabled and receiving a benefit, you will not need to pay the premiums using our leading panel of insurance providers for business insurance

BUSINESS EXPENSES COVERED TO KEEP YOUR BUSINESS RUNNING

Business (both key-person and liability) insurance allow for some of the regular and normal operating expenses to be covered, including:  accounting and audit fees, advertising, electricity, security, rent, membership fees, leasing costs, bank charges, salaries and locum costs to hire staff to keep your business running