Revenue Protection
Revenue Protection can provide your business with cash to compensate for the loss of revenue and costs of replacing a key employee or business owner should they die, become disabled or suffer a serious illness.
A drop in revenue is often inevitable when a key person is no longer there. This could be someone in your client’s organization who generates significant revenue for their business. Losses may also result:
• while your client is finding and training a suitable replacement
• from demand that can’t be met
• from errors of judgement that can happen due to a less experienced replacement, or
• through the reduced morale of employees.
The Problem
Loss of revenue and replacement costs – if there isn’t a suitable replacement within the business, it may take substantial time and financial inducement to find and train a successor, let alone restore any loss of revenue during a very stressful time.
The Solution
Revenue protection can provide your business with enough money to compensate for the loss of revenue and associated replacement costs to replace a key employee or business owner should they die or become disabled.