Life is unpredictable, so if something happen to you that prevents you from working on your business, how many months could you carry on paying all of your bills?
Have you got an adequate plan in place if you become sick or injured and can’t work for an extended period of time, and you aren’t able to meet your financial obligations?
That’s where Bruce Life come in. We can arrange cover that will replace the majority of your running costs should you experience a serious illness or injury, Business Expenses is essentially income protection for your business which covers your fixed business costs, as a monthly reimbursement, so you can focus on your recovery – and not your bills! It includes:
- Office rent or fees plus interest on your property loan
- Leases on cars, equipment or machinery
- Insurance and security costs
- Regular ongoing bills – such as utilities, memberships, subscriptions etc.
- Salaries and staff superannuation (for non-family member employees who don’t generate any business revenue)
- Costs of a locum to help out while you focus on getting better.
While it can seem like a daunting process, a Bruce Life adviser will help you through it and find an appropriate Business Expenses solution for you.