Things happen when you least expect it...
Business Protection aims to reduce the financial impact of death or critical illness affecting key people within your client's business.
Helping to protect the future of your business
Do you depend heavily on the skills and judgements of others within your business? Are these people vital to its effectiveness and profitability? If so, have you considered the financial impact that the death or critical illness of such a key person would have on your business? The impact could be:
- A loss of profit
- An interruption to cash flow
- An inability to make loan repayments
- A change in shareholder control.
In some instances, the financial impact could be so great, that the business is unable to continue. Business Protection allows you to put in place cover that would ensure that funds become available, should a key person in your business become critically ill or die.
“As a Business owner, I wanted to reduce the financial impact of key people within my business suffering a critical illness or death. If I lost one of my senior members of staff it would be difficult to deal with - without their expertise, relationships they have built with companies we work with etc. Now my Business is protected should the worst happen. Having dealt with Home Financial for a number of years I would highly recommend them. They have always been knowledgeable, offer a fantastic service and are very reliable ”
Richard Brooke, Wakefield
Relevant Life Insurance
Key Person Insurance