Business Insurances for all requirements
Cash flow is king to all businesses yet very few cover their key employees. 25,000 new businesses are set up each year, if they lose a key employee, the financial cost could be considerable.
Insure your key employees for less than the cost of a Latte each day!
Ireland Insurance offers a range of business insurance protection plans to suit your business requirements.
Every business faces its own set of risks with which we can help you with. We can arrange a tailored business insurance protection plan that works for your business, and if things do go wrong then we'll go all out to get you back on track as soon as possible. With Ireland Insurance, we can't prevent the unexpected happening but we can help you protect against the affects of it on your business.
Types of Business Insurances
Business insurance can be a complex subject, with many internal variables that need to be examined before a wise decision can be made. For this reason, anyone considering business insurance should first seek the advice of a reputable Insurance Advisor, we at Ireland Insurance have over 30 years experience in help business people protect their businesses against risk. We have access to industry leaders offering a fleet of business products, most of these products are very affordable in fact we believe you cannot afford not to have business insurance in place. Although business insurance is considered an expense, it is often a tax deductible expense.
The types of business insurance and the levels of coverage are often determined by the type of business itself, one example is Key Person Insurance, The loss of a partner or key person in your company could threaten everything you’ve worked so hard to achieve. So doesn’t it make sense to treat this risk like any other in your company? If something unexpected happens to a key person, your business protection policy will pay your company the sum assured, which you can use to: • compensate for lost profits • cover recruitment and training costs • pay off any loans or creditors • carry on the business as usual, reassuring customers, suppliers and employees
Has your company taken out any business loans from the bank? If so, the death of one of the directors or partners could cause the bank to call back the loan, often suddenly. Where would the money come from to repay the loan? Consider the impact when one of the directors or partners passes away or suffers a critical illness or permanent disability. Without protection • Revenue may drop • Default on loan repayments • Banks may close your business account • Employees may leave Possible solution Ireland Insurance can arrange a business loan protection that ensures your company will have the cash sum to pay for the loan should the unfortunate happen.