If a shareholder in your firm was to pass away or become seriously ill, do the other directors have the funds to ensure the shares stay within the business? Can they buy-out the beneficiaries of the deceased? Take no chances with the business you've worked hard to build.
Protecting key people should be an integral part of any business plan. Have you considered if your business could function effectively without you or those you rely on most? Every business should insure its most valuable assets.... its people!
A tax efficient life cover solution, paid for by the company, that could pay a lump sum, on death, to the beneficiaries, family or dependants of the person insured. Why wouldn't you?
Loans to the business are usually required to paid in full upon death, does your business have the funds to do this? Loan protection could ensure the monies are available to do so.
Employee benefits are becoming ever more important when providing the best working environments and securing & retaining the best people. Employers can protect their employees in a number of ways for Income, Health & Life.
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