What is business protection?
The importance of business protection can sometimes be overlooked, deemed an unnecessary cost. However, having business protection place ensures business owners are able to plan for the unexpected by protecting key assets of the business should they become critically ill, temporarily disabled or through death.
Business protection is available for businesses of all structures and sizes, including partnerships, shareholders, sole traders and even for key employees. It can be used to cover loans on the business in the even of death or critical illness to a partner, a sole trader or a key person in the business. The level or type of protection you have in place is dependent on the particular needs of the business. Below is a summary of the types of business protection solutions we offer:
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- Keyperson Protection
- Shareholder Protection
- Contingent Liability
- Group Life & Pension
- Relevant Life Policy
- Business Health Cover
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