Succession Planning

Protecting your business and key persons is critical to long-term, sustained success.  In a Global Market it is important to be nimble and adaptable to change when required.

At Prospa Financial, we provide sound financial advice to those seeking to protect their business via what is known as ‘Buy Sell’ or ‘Key Person’ insurance. These are contracts that set out the terms from the loss of a key person or death or departure of a business owner.

We work directly with business owners to assist with funding these contracts to ensure that when a trigger clause is activated, appropriate funding is in place to allow the business to continue operating normally.

If you are seeking more information regarding this, please feel free to contact one of our advisers for a full discussion.