
Business Insurance Brokers NZ
Business Insurance Policies to Protect You
Chances are you’ve insured your business against property loss, damage or breakdown, but what about your most valuable business assets: yourself, your business partners and/or your key staff members?
The loss, or temporary loss, of a sole trader, a key employee, an owner, business partner or a key person can have a dramatic impact on any business. Profits can fall, loans may have to be repaid at short notice or, at worst, the future viability of the business can come under threat.
Fortunately, there are business insurance options on the market designed specifically for you. From key person insurance and income replacement strategies to a business continuity plan, your Adelphi insurance broker can help you find the best comprehensive cover that will give you peace of mind.

Protecting your Key People
Every business has key people who play a vital role, from those involved in the day to day operations to those that determine strategic direction. If you were to lose a key person from your business, the reality is that it could impact your gross profit, your ability to pay expenses, your relationships with external suppliers and customers, and your whole business suffers. A key person is someone in the business responsible for generating business income – for example a sole trader and small business owners, a key salesperson or a technical expert, as well as company directors and executives. It may also apply to an individual whose loss has a significant operational impact on business income, e.g. CEO, Financial Controller.
Key Person Cover
A well structured key people protection package will firstly identify who are the key people in your business, what roles and functions they perform and identify the potential loss sustained to the business should they be unable to fulfil their role in the company due to death, suffer a serious illness or serious injury, or be out of action for several weeks or months.
An Adelphi adviser can sit down with you and your business partners, in the comfort of your office or home, and develop your business’s Personalised Business Protection Plan to determine the ideal level of Key Person cover you need for your business’s unique circumstances and needs. Better yet, in the event of an accident or unforeseen events, our brokers can help you navigate the claim preparation process to ensure your business insurance is living up to its claim.


Debt Protection Insurance Cover
Many business borrowings are personally guaranteed by or secured over personal property (e.g. a home) of a working shareholder or director, although the borrowed money is used in the business deriving assessable income.
Sole traders and every partner in a partnership (jointly with other partners) are liable for business debt incurred while they are a partner or sole trader--leading to a significant legal liability in the event of business downturn or poor performance.
Business Debt Protection Insurance can be put in place for the repayment of debt to mitigate the risk of personal assets being placed at risk or the business being put at financial risk.
An Adelphi Business Insurance Adviser can sit down with you and your business partners, in the comfort of your office or home, and develop your business’s personalised Business Protection Plan to determine the ideal Debt Protection cover you need for your business’s unique circumstances and insurance needs.
Shareholder Protection Insurance
Having a key person like an owner, director or major shareholder fall seriously ill, be seriously injured or die can have a devastating effect and cause far-reaching consequences to a small to medium-sized business especially where one or two people may be key revenue generators.
A key part of any business plan is having an effective succession or exit plan. However, when a director, major shareholder, or owner of a business becomes incapacitated or passes away, it is often necessary to shut down an otherwise healthy business.
Proper planning through a Personalised Adelphi Business Protection Plan, incorporating a properly worded Buy/Sell Agreement provides a very effective succession plan in the event a business owner, co-owner or key person dies or is unable to continue in his or her role and helps avoid many of the problems associated with succession and the transfer of ownership.


Business Expenses Cover and Business Interruption Insurance
If your organisation is like many small to medium-sized businesses, its success will be largely dependent upon the contribution of you and your business partners. Where that contribution is no longer there, because the owners of the business are unable to work, your business can be stretched both financially and operationally. The bills will still keep coming in even if you’re unable to work.
Business Expenses Cover helps protect the contribution that you make to your business if an unexpected illness or injury were to occur. If you are a sole trader, small business owner or are in a partnership, Business Expenses Cover allows you to claim for the costs associated with the running of your business including the cost of a replacement, if you are unable to work due to illness or injury over a two year period.
An Adelphi Adviser can sit down with you and your business partners, in the comfort of your office or home, and develop your business’s Personalised Business Protection Plan to determine the ideal level of Business Expenses cover you need for your business’s unique circumstances and needs.
Additional Business Insurance NZ Needs
Whether you want to protect your key people, need support navigating through professional indemnity policies, or want to ensure you're not overpaying for existing business insurance premiums, our expert brokers can help find the right insurance for you. A proud supporter of Kiwi businesses, we can help streamline your policies, claim preparation costs and processes, and ensure your policy meets your exact business needs.
Connect with our team today to review the broad range of policies we can secure for you.