BUSINESS PROTECTION
Protecting your business against the loss of its most valuable asset, its people.
AVOID RISKS TO YOUR BUSINESS
Most business owners have not fully considered one of the main risks, nor the associated costs, to their company – the death of a co-owner or a key member of staff or their long-term absence due to serious illness or injury.
Business protection policies could make the difference between a business collapsing or continuing to trade should the worst happen.
Ownership
Shareholder Protection – the loss of a co-owner of a business can leave the surviving shareholders with the financial burden of having to raise finances to buy the shares from the deceased’s estate.
Profit
Key Person Cover – the loss of a key member of staff or director can bring a significant cost to a business, in regards to its functions and profits. Key Person cover provides a lump sum benefit to off-set these costs.
Debt
Loan Protection – the burden of debt, be it loans, Director Loan Accounts, loan notes, corporate finance or mortgages can be made even more challenging if a key person is lost from the business.
Family
Relevant Life Plan - a tax efficient way to provide personal life insurance, which can be taken out for any employee within the business - much like a group death in service policy, but on an individual basis.
EXPLORE BUSINESS PROTECTION
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Hillview House, Unit 4 Leylands Business Park, Colden Common, Hampshire. SO21 1TH
02382 354 354
