Business Protection Insurance
What is business protection?
It assists to add protection to the business of your client like if a partner, member, director, or some key employee suffers from some critical illness and death. With such financial protection, it is important to let businesses recover fast and reduce the effect that would have been worst.
Regardless of if the business is small or large, it will likely face something uncertain sometime. However, your customers can lower their risk if they plan.
Platinum Financial will help you to understand the importance of business protection that can aid in ensuring your business’ financial health for the long term during challenging circumstances.
It is the life or disability insurance that any business carries upon its core employees. So if the key person becomes disabled or dies, this insurance policy will pay the business to assist in replacing them.
It is life insurance that is business-specific. It will offer compensation to all shareholders of an organization. If any director dies then a bulk amount will get released allowing any surviving director to purchase shares of the dead person from the closest relative.
With corporate co-director insurance from Platinum Financial will be letting the company purchase the share of a director from their next generation if there is the sudden loss of their direction may be through death or illness.
A lot of business partnerships are dependent on many years of collaboration, friendship, and mutual support. A partner’s death can be very distressing and create a traumatic experience for people involved. Due to this the partnership’s financial stability and security may be jeopardized. The other partners will be compelled to pay some capital amount for compensating any deceased estate for their stake in their partnership.
Our commitment
Lowest cost guaranteed
Super fast approval
97% payout rate
From start to finish, the team in Platinum Life made the whole application process seamless, easy, and very intuitive. I travel a good amount for work and have a busy life so not having to schedule and deal with medical examinations and to have immediate coverage through a highly rated company is the best.
Chris Dempsey
The process is so simple. I completed the calculator on my laptop and had a policy before the end of the day. I already told people at my office about it.
Anthony Devlin
So easy. Every other place made it difficult. I just wanted to know how much cover I needed, not what I could be sold on. A big thanks to Michael for taking the time to understand what I really looking for and for sorting out my life cover without any hassle.
Sarah Bolger
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