Ascot Business Protection Insurance
Business Protection Ascot
Business Protection Ascot is a form of securing your organisation in the event of death or severe illness. There are five different options of Business Protection;
- Key person insurance
- Partnership protection
- Relevant life protection
- Business loan protection
- Director/shareholder protection
- Sole trader protection
Business Protection Insurance gives essential protection for just about all types of corporations. Many businesses view Business Protection as a feature when they should be factoring into their business plan. There are “leading” members of that business that keep the company functioning smoothly. As a business executive – you should ask yourself …………………… “If I lost that staff member /associate/director due to ill health or death – how would that have an effect on my business? And how could I financially future proof the impact that may cause?”
The Advantages of Business Protection Ascot
Business Protection Insurance guarantees that you, your workforce and the business itself are covered in the event of death or illness by means of:
- Being given funds to ensure the business keeps operating in the event of death or sickness.
- You can use the funding to make up for the loss of the important worker(s)
- Protect corporate debt
- Potential tax advantages*
- Buy out a shareholder if they come to be vitally ill or buy their share from their estate if they die.
This is just a ordinary analysis of the advantages that could be delivered to your firm and our main guidance would be – speak to our Business Protection Specialist Katie Pisanu on 01225 667182 – who can assist you through the very best cover available for your company.
*we are not taxation experts or accountants so whilst on paper there are tax advantages you would need to consult with your accountant on how best to set the premiums and potential benefit up.