Also known as ‘key man insurance’, this can compensate a business for financial losses arising from the death, or extended incapacity, of a specified employee or director.
Business Protection
Business protection is all about insuring for the unexpected. It's a way of protecting your business if something goes wrong.
This can provide a business partnership with the funds to ‘buy out’ or compensate the deceased’s dependants, should a business partner die.
A Relevant Life Plan is a death-in-service benefit taken out by a company on behalf of an employee.
In the interests of financial security, business stability and continuity, it is essential to provide a safety net following the loss of a shareholder.
Markets
Deal means US will not retaliate against UK for imposing digital services tax, Treasury says
The US has agreed not to retaliate against Britain's digital services tax after it agreed on a transition away to a new reformed system set to come into force in 2023.
Former U.S. President Donald Trump has announced his return to the digital world with the planned launch of his own social media app as he promises to "stand up to Big Tech" after being banished from major platforms.
A record proportion of the British public thinks inflation will accelerate over the next 12 months, according to data that could further boost expectations that the Bank of England will raise interest rates next month.