Categories: Business Protection

Relevant Life Plan

A Relevant Life Plan is a death-in-service benefit taken out by a company on behalf of an employee. This type of policy pays a lump sum if the employee dies during the term of their employment. More often than not, a Relevant Life Plan also provides a payout if the employee is diagnosed with a [...]

Partnership Protection

The Value of Protecting Your Partnership One of the great risks of a business partnership is that one of your colleagues may die, with his or her share of the business passing to someone else. That person may have little interest in the business or - at worst - may be hostile to your objectives. [...]

Key Person Insurance

Key person insurance 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 small or medium sized business to protect that business from potential financial losses that could arise from the death or extended incapacity [...]

Shareholder Protection

For many business owners, running a company is a time-consuming and complex affair. Attention is rarely paid to what might happen if a shareholder dies, or becomes seriously ill. In the interests of financial security, business stability, and continuity - particularly for private limited companies where there may only be a small number of principal [...]

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