Is your business adequately protected in the case of the death of a key individual? What will happen if one of your employees becomes seriously ill? Is there protection in place to account for the loss of earning due to a death or illness?
In any business arrangement, the death or diagnosis of a serious illness of one of the key individuals involved can have serious financial consequences for those left in the business. Owning a business or partnership comes with a lot of stress and strain. Having the right type of protection in place can help ease some of the ongoing worries.
There are a number of business protection products available including partnership protection, co-directors insurance, keyman insurance and pension term assurance.