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Home > I'm a Business Owner > Business Insurances > Debt protection
Debt Protection
Without the security you have provided as a business owner, your business may be forced to sell assets, if anything unforeseen happened to you (or your business partners). This may impact on the trading capacity of the business and its credit rating could fall.
Debt Protection Insurance provides you or your business partner with a lump sum payment in the event of death, incapacity or diagnosis of a trauma to a business owner or partner, for the purpose of:-
Debt Protection Insurance provides you or your business partner with a lump sum payment in the event of death, incapacity or diagnosis of a trauma to a business owner or partner, for the purpose of:-
- Providing the business with sufficient cash to clear all business liabilities
- Protecting your personal assets
- Covering your joint and several liability under the guarantees that you have provided to your business
To discuss your insurance requirements, please contact Kevin Bettman or book an appointment.
This information is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. Because of this, we recommend you consider, with or without the assistance of a financial adviser, whether the information is appropriate in light of your particular needs and circumstances.
| PrimeWealth Pty Ltd is a Corporate Authorised Representative and Corporate Credit Representative of Securitor Financial Group Ltd ABN 48 009 189 495 AFSL 240687 ACL 240687 275 Kent Street, Sydney NSW 2000 |
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