Shareholder or Partnership Cover for your Business!

Why have Shareholder or Partnership Cover for your Business? Most business owners will want to leave the value in their business assets to their spouse, partner and/or children. When a Shareholder dies these are some of the possible outcomes: • The business performing without one of its key individuals • The new shareholder could decide to appoint a new director or remove an existing director. • The shareholder’s estate could sell the shares to “potentially” and unsuitable buyer. • The existing shareholders may have to raise funds to acquire the outgoing shareholder’s shares. • Banks and Creditors may want to arrange new
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Need a Business Will?

Need a business Will? Why do you need a Business Will? Like most financially responsible people you have probably written a personal will to ensure that your estate goes to your chosen beneficiaries in the event of your death but have you made preparations for what happens to your business in the same event. The problems that can arise from not having a business Will? What would happen if you, or one of your co-owners died or had to retire through ill health. Have you got a business will? Do you have a succession plan? Have you established a process that will ensure that the business could
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What is Key Person Cover or Key Man Insurance

What is Key Person Cover or Key Man Insurance? Key Person Cover, or Key Man Insurance is a business insurance products for businesses who want to insure itself against the financial loss it would suffer if a key person in their business died or had a critical illness. More about key person insurance Key person insurance, also commonly called key man insurance and key person cover, is an important form of business insurance. There is no legal definition for “key person insurance”.  In general, it can be described as an insurance policy taken out by a business to compensate that business
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Welcome to our Blog

Please follow us for all the latest news from The Business Protection Company including news on: Key Person Cover / Key Man Insurance Business Wills Shareholder or Partnership Protection Business Loan Protection Relevant Life Plans Should you like more info on any of the above Business Protection Solutions please read our website or feel free to get in touch to book a free consultation with a business protection specialist from The Business Protection Company. Business Protection Products From The Business Protection Company: How to get in touch with The Business Protection Company
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