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Business Protection
Business Protection Assurance provides a cash lump sum to the business in the event of the death or critical illness of a Key Person, so that the business can carry on as usual.
Loan Protection
Enables the company to clear all debt in event of the serious illness or death of the owner. Without loan protection any debts may become the responsibility of the remaining shareholders or relatives.
Key Person Protection
Key Person Protection covers the loss of an employee whose skills are critical to the business. It covers the potential loss of contracts and goodwill, as well as protecting profits until a suitable replacement is found.
Shareholder/ Partnership Protection
In the event of death or serious illness of a shareholder, funds are received by the other shareholders to buy out the shares from the company.
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