{"id":24744,"date":"2013-10-26T15:36:30","date_gmt":"2013-10-26T13:36:30","guid":{"rendered":"http:\/\/www.myza.co.za\/2013\/10\/protecting-the-human-capital-in-your-business\/"},"modified":"2013-10-26T15:36:30","modified_gmt":"2013-10-26T13:36:30","slug":"protecting-the-human-capital-in-your-business","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/protecting-the-human-capital-in-your-business\/","title":{"rendered":"Protecting the human capital in your business"},"content":{"rendered":"<p><span class=\"wpsr_floatbts_anchor\"><\/span><\/p>\n<p>We previously discussed types of <a href=\"http:\/\/mype.co.za\/new\/2013\/10\/top-6-business-short-term-insurance-essentials\/\">business insurance for your physical assets<\/a> but insuring your human capital is equally important, says <a title=\"Port Elizabeth\" class=\"aal\" target=\"_self\" href=\"http:\/\/www.mype.co.za\/cgi-bin\/search.cgi?keywords=Port+Elizabeth\">Port Elizabeth<\/a> financial planner\u00a0<a href=\"http:\/\/www.mype.co.za\/search\/F_,045_From_Fabric_to_Furniture\/Financial_Management_Services\/pwm_financial_management_13874.html\">Pieter Willem Moolman<\/a>.<\/p>\n<p><strong>Depending on the nature of your business, these are some of the short-term insurance options you should discuss with your broker:<\/strong><\/p>\n<ol>\n<li>Key person insurance \u2013 The loss of a specialist employee can set your business back. Key person insurance provides the funds to find and train a replacement and helps to compensate for temporary loss of business.<\/li>\n<li>Employees\u2019 insurance\u00a0\u2013 Businesses often take out life and disability insurance to protect employees and the company in the event of work-related injuries.<\/li>\n<li>Travel insurance\u00a0\u2013 If you employ sales reps or people who travel frequently as part of the job, the business also needs to provide some form of travel insurance.<\/li>\n<li>Buy-and-sell insurance\u00a0\u2013 This is particularly important for business partners and shareholders because it puts a plan in place in the event of one of the partners dying, becoming disabled or retiring. The policy allows the business to buy back the partner\u2019s share and compensate the family accordingly.<\/li>\n<\/ol>\n<p>Talk to your short-term insurance broker about the personnel risks that are inherent in your business.<\/p>\n<p>Speak to an experienced <a href=\"http:\/\/www.mype.co.za\/search\/I_,045_From_Ice_Cream_to_Ivory\/Insurance_Brokers\/\">insurance consultant in Port Elizabeth<\/a> to get the right business insurance cover to ensure that your (and your employees\u2019) hard work is not in vain.<\/p>\n<p>\n<strong>These businesses support <a target=\"_blank\" href=\"http:\/\/mype.co.za\/new\/2011\/07\/more-ad-choices-on-mype\/\">MyPE<\/a>:<\/strong><\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/mype.co.za\/new\/2011\/07\/more-ad-choices-on-mype\/\">MyPE<\/a> supports PE business:<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We previously discussed types of business insurance for your physical assets but insuring your human capital is equally important, says Port Elizabeth financial planner\u00a0Pieter Willem Moolman. Depending on the nature of your business, these are some of the short-term insurance options you should discuss with your broker: Key person insurance \u2013 The loss of a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3330],"tags":[3338,5],"class_list":{"0":"post-24744","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-port-elizabeth","7":"tag-mype-co-za","8":"tag-port-elizabeth-2","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/24744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=24744"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/24744\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=24744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=24744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=24744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}