Whilst insuring against an undesirable event such as sickness or death, may not be a pleasant thing to think about, the benefits cannot be overlooked.
Set financial issues aside at emotionally difficult times.
Protect against financial losses that can incur in the event of the loss of a key employee without whom the business will not function properly.
Areas we can advise on include:
- Group life policies, key man and director insurance.
- Placing policies in trust to avoid inheritance tax and speed up payment.
Protection can provide a fixed sum should the individual be unable to work.
Keyperson/shareholder/partnership protection is designed to cover the firm’s expenses in meeting any emergency costs, recruiting a replacement employee and protecting the future of your business.
Our Financial Advisers can also advise on succession planning which can be used alongside a shareholder agreement to prevent the potential issue of unsuitable parties becoming shareholders in the untimely event of a shareholder passing away or becoming critically ill.
