Uncertainty is complicated. When you don’t know what will happen, anything can. But that’s why at PPS we’ve developed Business Assurance, which offers you a simple promise: simplicity, no matter what happens.
Simply stated Business Assurance is risk assurance taken out to protect a business from the potential financial consequences should a member of the business, who is essential to the business die, become disabled or suffer a critical illness. This could be an owner, an executive or an employee.
Insure business owners in the event of the death, disability or critical illness, so that the survivors may purchase the deceased’s business interest
Insure employees whose services and knowledge are instrumental to the running of the business, so that the business may seek a replacement for such key employee
Any personal money you put into the business will come back to you in the event of your death, disability or critical illness, without affecting your business
Ensure the settlement of a business loan where you signed surety, in the event of your death, disability or critical illness, releasing your estate from future settlement claims
https://www.pps.co.za/protectinsure/business-assurance