Why a Doctor Invented Critical Illness Insurance Dr Marius Barnard invented Critical Illness insurance. Marius assisted his brother Dr Christiaan Barnard in performing the first successful heart transplant in 1967 in South Africa. Through his years of dealing with cardiac patients, Marius observed that those patients that were better able to deal with the financial stress of their illness recovered … Read More
4 Key Things to Consider When Building Business Owner Wealth
The Keys To Building Business Owner Wealth You’ve built a thriving and successful business. You continue to be profitable and continue to reinvest into your business while building wealth for your eventual retirement. You have a succession plan in place and a plan to exit the business at some point over the next 15 years. The plan is to work … Read More
5 Types of Business Risk Every Business Owner Should Absolutely Prepare For
Ignoring Business Risks Could Mean Disaster for Your Family, Your Retirement, Your Business and Your Employees As business owners, we expect and accept a certain amount of risk. If there weren’t any risk, then everyone would go into business for themselves. Like in life as in running a business, there are smart risks, calculated risks and completely random risks. Some … Read More
The Top 8 Things Business Owners Should Consider When Buying Life Insurance
Buy-Sell Agreements, Insured Retirement Plans, Business Contingency Planning or Succession Planning: Life Insurance Has a Role in your Business Whether you’re purchasing life insurance to satisfy a buy/sell agreement, creating an Insured Retirement Plan to get money out of your business in a tax favourable way, for business contingency planning or succession planning, life insurance can fulfil a very cost-effective … Read More
Partnership Agreements and Business Insurance: You Can’t Have One Without the Other
You’ve set up insurance to protect yourself, your family and your business in case something ever happens to yourself, a Partner or a key employee. Finally, you have peace of mind that you’re protected and that your family and the business will be looked after in the event if something should happen to my business partners or me. But am … Read More