Do you have a business partner or employee whose expertise, reputation and assistance you rely on?
Business insurance considers the continuity of your business if it is ever hit by the impact of losing a key employee or a business partner.
A business can insure its key employees, so that if they die or become disabled the business receives a cash lump sum to fund the financial losses the business may incur. This could be due to loss of customers or know-how that the key person delivered. It can also be used to repay debts or to train a replacement, so that the business can continue to thrive.