When you sign surety, you're betting your home on your business
In South Africa, banks often require business owners to sign personal surety for business loans like overdrafts, term loans and asset finance. In this way, business debt becomes your personal liability. If you pass away or become permanently disabled, you and your estate are still liable for these obligations, potentially putting your family's financial security at risk.
With South Africa's estate administration delays, settling these matters can take months or even years to finalise. Contingent liability cover immediately settles your outstanding business loans, if you pass away or become permanently disabled. This ensures your personal assets remain protected, your family maintains their lifestyle, and your business continues operating without debt obligations.
Business assets stay within the business and debt is settled by Investec Life. Your home, investments, and personal assets remain protected from creditors, preserving your family's financial foundation.
Avoid South Africa's lengthy estate administration process. Loans are settled directly and immediately, preventing months of uncertainty for your loved ones.
The business continues operating without debt obligations, preserving the value you've built and maintaining employment for your team.
Protect my business
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If a key person passes away or becomes permanently disabled, this insurance helps the company meet its financial obligations until an appropriate replacement is found.
Buy and Sell Agreements
Shareholder buyout certainty
If a shareholder dies or is permanently disabled, Buy and Sell Agreements regulate the purchase of that partners interest in the company – bringing certainty to both the dependents and the remaining shareholders of the company.
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Keep your business going when life pushes pause
They say running a business is like raising a child – it needs constant care and attention to grow. When you’re unable to work due to an illness or injury, we will cover up to 100% of your business’s fixed expenses while you recover.