Winchester Business Protection Insurance
Business Protection Winchester
Business Protection Winchester is a way of securing your business in the event of death or severe illness. There are five different options when it comes to Business Protection;
- Key person insurance
- Partnership protection
- Relevant life protection
- Business loan protection
- Director/shareholder protection
- Sole trader protection
Business Protection Insurance provides the required protection for every type of businesses. A lot enterprises see Business Protection as a key benefit when factoring into their business plan. There are “Key” employees within every business that ensures that the company is ticking along smoothly. As a business manager – you should ask yourself …………………… “If I lost that staff member /associate/director due to ill health or death – how would that impact my business? And how could I financially future proof the impact that may cause?”
The Benefits of Business Protection Winchester
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 standard overview of the benefits that could be presented to your company and our main advice is to 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.
See Also: Business Protection Salisbury