Business InsuranceWhilst business owners should consider all the above insurances, they should not overlook their Business Insurance needs. Most businesses have some type of borrowings, quite often supported via a personal guarantee. Consideration needs to be given about what would happen if the business owner or partner should die, suffer a traumatic illness or become permanently disabled. Would it be possible or appropriate for the family members to carry on with an active involvement in the business and could the business debts be extinguished without calling on the personal assets of the family? The core Business Insurance concepts are;
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