As a business owner, you do everything you can to make your business a success. You may consider the right premises, machinery or tools and computer systems to be the most important factors.
You may have covered the tangible assets of your business, but have you protected yourself, or those key individuals who may contribute heavily to profits?
Could your business continue if one of the owners or key individuals were to die or suffer a critical illness?
- Key Person Protection – insurance against the loss of profits that could result from the critical illness or death of a key person, by paying out a cash sum so that the business can continue trading.
- Business Ownership Protection (also known as Shareholder Protection) – insurance which gives the owners of the business a cash sum to buy the shares of a co-owner who becomes critically ill or dies.
There are various options to choose from with Business Protection. The amount and type of financial protection you’ll need will depend on your individual and business circumstances.
Our approach is to address the risks to your business as a whole.
As Independent Financial Advisers, we can advise you on arrangements to protect the future of the business or partnership if the worst happens, as well as the buildings, other tangible assets and the health and wellbeing of you and your employees. These areas include:
- Key Person Protection
- Shareholder Protection
- Life Assurance
- Critical Illness
- Relevant Life
- Private Medical Insurance
- Employee Benefit Schemes
Without the right Business Protection Solutions in place, you could end up risking everything you’ve worked so hard to achieve.
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