Business Assurance
We can provide your business with vital protection in the event of a key person and/or business owner dying or being diagnosed with a critical illness.
We can provide your business with advice on:
Key Person Cover - If a key person (any employee whose loss from the business due to critical illness or death will have a significant effect on the financial position of the business) dies, this cover is designed to provide a sum of money to help enable the business to deal with the financial consequences that could result should such an event occur.
Loan Protection – This cover is designed to provide a sum of money to help enable the business to repay loans in the event of a key person having a critical illness or dying.
Ownership Protection – Designed to provide a lump sum to compensate the family of an owner in the event of their death or upon them suffering a specified critical illness, for the loss of their share of the business, to enable the remaining owners to maintain ownership of the business.
Please contact us for more details.