Sanlam Business Insurance

Sanlam Business Insurance Products

• Protection of Income
• Protection of Business Overheads
• Protection of Assets
• Protection of Key Personnel or Key Persons
• Debt Insurance for Businesses
• Sanlam Business Buy and Sell

Sanlam Protection of Income

Income protection plays an important role for business owners and should be part and parcel of every business plan.

• Should you become ill or injured, the Sanlam Income Protection Plan will pay you out
• This plan has been created to pay out monthly instalments
• The Sanlam Protection of Income Plan is tax-free

Sanlam Business Overhead Protection

• The Sanlam Business Overhead Protection plan secures the overheads of a business from six to twelve months after the death of a business owner
• The Sanlam Overhead Protector offers an immediate solution to avoid instability in a business if the owner or key person of a business dies
• All owners and co-owners’ lives are insured under this plan
• In the event of the death of an owner or co-owner, any payouts will be paid out directly into the business

Sanlam Asset Protection

• The Sanlam Asset Protection plan offers protection of business assets against any losses or damages

Sanlam Key Person Insurance

• Sanlam Key Person Insurance cover is a cost-effective and tax-free resolution if a key person is unable to work due to illness or is disabled, or if the key person or owner of a business dies

Sanlam Business Debt Insurance

• Debt insurance is designed to protect against the disablement or death of a business owner and to compensate where the business owner has signed any sureties
• The policy will thwart any claims from creditors against the deceased estate or from a business owner if they are disabled, thus offering protection against these eventualities
• The pay-out from the life insurance policy is used to repay any loans on the death or disability of the business owner

Sanlam Business Buy and Sell

• The Sanlam Business Buy and Sell agreement enables the surviving co-owners to use the funds to buy up any shares or business interests of a deceased co-owner
• Sanlam Disability cover can also be used to supply the buy-out of a disabled owner’s part of the business

Sanlam Business Insurance offers a range of complete solutions to partner with all businesses regardless of size.