The Wealth Guide Podcast

Key Person Insurance: The Safety Net Your Business Can't Afford to Ignore! | The Wealth Guide Podcast Ep. 24


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In this episode of The Wealth Guide Podcast, our Director and Senior Financial Planner, Ray Regmi, shares a case study on how key person insurance saved a business when tragedy struck.

Ray talks about the necessity of distinguishing between personal and business insurance, the unique aspects of key person insurance, and the intricate process of assessing and addressing business risks.

He also discusses the importance of revenue and capital protection, the complexities of replacing skilled personnel, and the real-life impact of adequate insurance coverage on a business's ability to weather unexpected events.

 

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SHOW NOTES LINKS

https://rykercapital.com.au/
https://au.linkedin.com/company/ryker-capital
https://www.instagram.com/rykercapital/
https://www.tiktok.com/ryker
https://www.facebook.com/profile.php?id=100054854616452
https://www.linkedin.com/in/ray-regmi-3a267539/
https://www.linkedin.com/in/tamara-storey/ 

 

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LISTEN TO THE PODCAST

Spotify: https://spoti.fi/3qJL8w4
Apple Podcast:
https://apple.co/3QPF3ch
Amazon Music:
https://amzn.to/3YMZjgD
Google Podcast:
https://bit.ly/3swIVEF

 

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FIND US HERE

Facebook: https://bit.ly/3RsO5Mr
LinkedIn:
https://bit.ly/3Rs0Qah
Instagram:
https://bit.ly/46kZvGp
TikTok:
https://bit.ly/3PSbK7U
YouTube:
https://bit.ly/3rsKxPG 

 

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TIME STAMPS:

00:00 - Intro
01:09 - The 411 on Business Insurance
02:31 - The Concept of Key Person Insurance
06:21 - Client Case Study: Active-Wear Business Transitions to Key Person Insurance
11:49 - Conclusion

 

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DISCLAIMER

The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation. 

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The Wealth Guide PodcastBy Ray Regmi