Triplejump South Canterbury
Human Capital Risk – A Serious Issue for Business Owners
- 60% of privately owned businesses are dependent on the owners for survival
- 25% of those businesses would be insolvent within three months following the loss of a key person
- Only 30% have an adequate strategy in place to manage this risk
- An equally small number have a planned succession strategy to manage the transfer of business ownership if a business owner dies or is disabled.
The Triplejump approach to effective Wealth Protection Planning is to:
- Identify the risks that might impact on you
- Quantify the financial impact they could have
- Select the right risk management strategy for you, taking into account the probability of the risk and the potential impact
- Minimise your insurance costs by identifying those risks you can self-insure
- Ensure you have insurance protection for catastrophic and major risks you would be unable to absorb
In our experience, most business owners are so busy responding to the opportunities they see that they often overlook potentially the greatest threat to their business: the risk that they – or someone they heavily rely on – may suffer from a serious illness or die prematurely.
 |
| “We don’t assume insurance is the only solution, we explore how you can manage your wealth protection through your own resources” Wilhelmina Eveleens, Wealth Protection Consultant |
At Triplejump we help business owners develop and implement plans to protect their wealth, livelihood and aspirations from Human Capital Risk.
We’ll keep you informed
One of the great benefits of belonging to the Triplejump network is the ability for us to keep our clients informed of interesting and relevant issues around Wealth Protection.
The principles and values that underpin the Triplejump business were key factors in our decision to join the network in 2008. Maintaining our independent ownership, unaligned multiple relationships with the insurers and professional needs based advice ensure that we can provide you with the most appropriate solutions to your financial risk needs.
Find out what Wilhelmina’s clients
say about Triplejump
Take the next step – contact Triplejump South Canterbury about how we can help you to protect your wealth.