Have you ever considered what would happen to your business if you or one of the
key members of your business was to die or become critically ill? You may
suddenly lose a critical skill in your business, or be faced with a new partner
who knows nothing about your business but now sits on the board. Would you be
able to buy out your partners beneficiaries? Does your business have enough
liquidity to buy out your partners beneficiaries?
Business protection is a way of helping to protect against possible financial
losses in the event of the death or critical illness of a business owner or key
individual, during the length of the policy. It may also pay out if an
individual becomes terminally ill.
Why do I need business life insurance?
One of the most important aspects of keeping your business running is good
financial planning. It is important to have emergency procedures in place should
something happen in order to protect your business and ensure you are able to
keep going. This is why business protection insurance is vital for any business
no matter of its nature or size. It can help ensure that your business survives
and continues trading during difficult circumstances, ensuring the long term
financial security of your business in the event of losing key people.
What happens next?
You will be able to run your business with greater peace of mind, safe in the
knowledge that if you were to lose a key player in your business it does not
have to be the end for the company and any remaining shareholders.
We make sure the things that mean a lot are properly covered because we ask you
what they are before we search for the right price and cover combination that
meets your needs. We’ll also make sure that there are no hidden costs or
unexpected excesses to pay when you come to make a claim.
GET INSTANT QUOTES ONLINE FROM THE UK'S TOP INSURERS