Business protection insurance protects a company financially when its owners or employees are affected by illness or death. It can help support owners in making sure their business survives in challenging times. Your clients already understand the need to protect their business premises and equipment. However, many forget about their most valuable asset – their staff. The death or critical illness of a key employee or co-owner can seriously impact on a business, financially as well as the loss of key knowledge. Business protection can help ensure the long term financial health of the business during difficult circumstances.
Key Person Cover
Key person cover protects businesses if an employee who significantly contributes to their success becomes terminally or critically ill, or dies.
Partnership Protection provides partners with the cash flow necessary to buy back the ownership stake of a partner or member of a limited liability partnership who has died or taken ill.
Business Loan Protection
Business loan protection gives co-owners cover for any business loan payments that may be at risk, in the event of death or illness
Relevant Life Insurance
Allows business owners to provide their employees with death-in-service benefits. Pays out a lump sum on death or terminal illness. tax-efficient for the business and the employee.
Allows for a planned succession of a shareholder or partner’s business stake should they fall ill or die, with options such as required buybacks.
CONTACT US FOR BUSINESS PROTECTION INSURANCE
1 Mayfair Place, Devonshire House, London, W1J 8AJ
info@AlfredDunn.com Tel: 02074896509