Business Protection

Protect your business against the death or critical illness of a key person

Business protection is an insurance contract that helps protect a business from the financial effects of key people being diagnosed with a critical illness or dying. Business protection is available for partnerships (including limited liability partnerships), shareholders, sole traders and key employees.

  • Provides a financial safety net in the event of the death or critical illness of a key person.
  • Provides funds to the remaining partners or shareholders so they can buy-out the critically ill partner or shareholder or purchase the deceased’s shares from his or her estate.
  • Provides funds to ensure repayment of a business loan in the event of death or critical illness.
  • Ensures business continuity by providing funds available to the remaining shareholders or partners to enable them to purchase the deceased or critically ill shareholder or partner’s share of the business.
  • Ensures the deceased’s family or the critically shareholder or partner receives a fair value for their share of the business.
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Get in touch

Call us today on 01564 79 11 16 to discuss your needs or send us your enquiry below

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