If you’re a business owner, drawing up a business protection plan should be a top priority for you and your company. A business protection plan will make sure that your company is financially protected if you ever become critically sick or in the case of death.
It can also be set up to insure more than one business partner or life. In the case of one or more of the business owners unexpectedly passing away or becoming critically ill, a business protection plan will make provision for the company to continue operating with as little disruption as possible. It can help to ensure the long-term financial wellness of your business during challenging times.
When a claim is made, in most cases, a lump sum of money will be paid out to the remaining partners or to the business.
If you want to chat about taking your business’ financial future, please contact us – our friendly team would be delighted to help look into all your options.
This type of business will be dealt with on a referral basis and passed to a trustworthy colleague within my network that specialises in this product area.