Yet over 50% do not have any life or critical illness cover in place should this event happen.
To help protect our business clients we have a guide available to setting up business protection. The guide contains process maps that highlight the key stages when setting up Key Person Cover, Share Protection Cover, Business Loan Protection and Relevant Life Plans. It also explains how the policies could be set up, who would own the policies and any tax implications each plan may have on the individual or the business.
To request a copy please email [email protected].