Business Insurance

The following business insurance solutions are available to ensure you and your teams hard work is not ill-spent.

Buy-Sell Agreements Ensures that the partners/ members/ shareholder can have funds available to buy out a partner/members/shareholder who becomes unable to work due to death/ disability or severe illness

Key Person Cover Provides a cash lump to the business, as owner of the policy, should their key-employee become unable to work due to death/ disability or severe illness. Thus the business should be able to continue by having sufficient funds to find a replacement without incumbering any lost income.

Deferred Compensation A great solution for an employee or director nearing retirement in the next few years and who will not benefit from a direct salary increase given the eroding effects of tax on any such increase.

Preferred Compensation. aka - Golden Hand-Cuffs. Used to retain the services of an employee for a specified period of time. Especially popular for business's who do not offer their staff a pension plan.

Loan Account Redemption Plans Enables a company to repay any loans made to it by its shareholders.

Employee Benefits/Pension/ Provident Funds. KWM and Ternery Financial Services will come together to provide an excellent service and investment experience.