Business Owners

Future Liability Plan

Planning for future expenses is vital for the running of a successful business. Often the business does not have the cash or immediate liquidity at its disposal to meet these expenses. A future liability plan is geared at ensuring that the business pre-funds for these expenses in a systematic manner, through an investment vehicle such as an endowment policy. Future expenses, or liabilities, may include the following:

Replacement of depreciating assets:

  • Settlement of liabilities such as:
    • Overdrafts
    • Mortgage bonds
    • Credit loan accounts
    • Redeemable preference shares
  • Expansion of the business or purchase of capital assets such as a premises
  • The need for the business to have capital to buy a business owner out upon retirement or some other pre-determined date.

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Blueline Independent

With a collective experience of more hundred years in the South- African Financial Industry, we pride ourselves in delivering expert advice and service to our clients.