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
The London Economic |The European rebound was the largest increase since statistics started in 1995. | Economics
Initial rebound will be hit by second wave and rising unemployment
The International Monetary Fund (IMF) has said the UK’s hopes of a v-shaped recovery will face serious headwinds from a second wave of coronavirus, and Brexit and the economy will not
UK data protection watchdog ICO lowers fine for Marriott data breach to £18.4m, down from a £99 million fine issued last year