Insuring your company's assets is extremely important, but have you considered insuring the people and skills that make your company work? How would your company cope if one of its key people were to die suddenly, or become unable to work due to illness or injury? Apart from the personal shock, how would it affect your company's viability? Would your company have sufficient cash reserves to fill the vacancy with a quality temp while you look for a full time replacement? Would you be able to meet your customers' orders, or would they need to move to a competitor to have their orders filled?
ANZ can help you arrange insurance that can provide your company with a lump sum, or a benefit paid monthly, in the event that a key person dies or becomes unable to work due to an illness or injury. These funds can help to pay ongoing expenses while you fill the vacancy or compensate your company for possible loss of new and existing business.