What is business protection?
Business protection could help client owned businesses continue to trade should a key person or business owner die or become terminally or critically* ill. Proceeds from the policy could help ensure that key individuals are replaced, corporate debt is protected and shares from the deceased partner's/director's estate are purchased.
Many believe arranging business protection to be a lengthy and complicated process. But actually, the principles are similar to any other type of protection.
The most significant differences are:
Types of business protection
We offer four main types of business protection:
Types of policy
All policies can be set up in Trust.
Reasons to Sell Business Protection
There are many compelling reasons for a business to take out a protection policy. Your clients could benefit both today and in the future.
* If critical illness cover is chosen as an additional option.
This website is designed to give professional financial advisers information and tools that they can use to help control and develop their business and should not be relied upon by private investors or any other persons.