Business Protection

The importance of business protection is often overlooked. It helps business owners plan for the unexpected by providing cover to ensure the business can continue with minimal disruption following the loss of one of their key employees or one of the business owners through death, critical illness or temporary disablement.

What are the different types of business protection available?

Business protection is available for partnerships (including limited liability partnerships), shareholders, sole traders and key employees. It can also be used to ensure repayment of a business loan in the event of death or critical illness of a partner, key person or sole trader. How the arrangement is set up will depend on the type of business and its particular needs.

There are 3 main areas where Business Protection can help you

• Protect your cashflow: Shareholder Protection
• Protect your profits: Key Person Protection
• Protect your directors: Relevant Life Cover