Life/Mortgage/Business Protection

Business Protection

Anyone in business today wouldn’t think twice about insuring their business against loss from fire or theft. However, there are many other circumstances that can have damaging and lasting adverse consequences for your business.

Did you ever ask yourself:

  • How would your business survive if one of your key employees or shareholders became seriously ill or died suddenly?
  • If your business partner died what would happen to their share of the business?
  • How would you feel about a shareholder’s family joining your business if he/she died suddenly?
  • Is your spouse/children in a position to take your place in your business?

Keyperson Insurance

This allows a Business to plan for the potential financial loss that it would suffer on the death or serious illness of a key employee. Keyperson Insurance is designed to protect the value of the Businesses human assets much in the same way as fire insurance protects a Businesses physical assets.

Personal Shareholder Protection

This allows the shareholders of a limited company to provide funds for the purchase of the share of the deceased shareholder from their personal representatives with the life assurance contract affected by the shareholders personally.

Corporate Shareholder Protection

This is an arrangement whereby the company agrees with each shareholder to buy back his shares from his personal representatives on death, with the insurance cost being borne by the company. This ensures security for the Company, and peace of mind for the family/dependants of the deceased.


O’Leary Financial Management Ltd. can help you, and your business, to plan for the future. Whether it is succession planning, providing financial security for dependants, or ensuring the survival and continuity of your business in the event of the death of a shareholder or key employee, we can offer solutions to meet your needs.