Running your own business may leave you little time to consider your financial future but what would you do if a partner or key employee became critically ill or died? Could your business continue?
In most small to medium enterprises there are usually a number of individuals who are key to driving Profits, Performance, Technology or Sales… this could be you?
If the worst should happen and your business is not fully protected this can have a severe impact on your profits. In addition, replacing the individuals’ skills or finding a suitable replacement can take time which may further impact on profitability.
Business Protection Insurance is a form of life insurance designed to safeguard a company against the loss of key personnel due to death, terminal illness, or critical illness.
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Life is a journey with different stages, each bringing its own set of challenges and needs. One important aspect to consider at every stage is life protection.
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Running your own business may leave you little time to consider your financial future but what would you do if a partner or key employee became critically ill or died? Could your business continue?
6 Minute Read.
Very few people contact their Financial Adviser to arrange Critical Illness Protection. According to the Lloyds Banking Group, Brits are three times more likely to insure their pets than themselves.
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