Under UK law, every vehicle owned by a business must have insurance. However, many businesses currently overlook protecting their business owners or their key employees.
We aim to understand your business structure and to identify and quantify key areas of protection requirement. The solution could be in the form of a protection policy to assist with the purchase of a deceased shareholder's shares, or in the form of a policy to provide funds to cover the financial loss the business would suffer should a key person die or be diagnosed with a critical illness.
We will help to guide you through the legal structure which underpins these forms of protection, working together with your legal advisers where relevant. We can also review any arrangements currently in place to ensure that they remain relevant to the continuing success of your business, are up to date and fit for purpose.