Newbury Business Protection Insurance
Business Protection Newbury
Business Protection Newbury is a method of protecting your company in the occurrence of death or serious illness. There are five different types of Business Protection;
- Key person insurance
- Partnership protection
- Relevant life protection
- Business loan protection
- Director/shareholder protection
- Sole trader protection
Business Protection Insurance produces appropriate protection for all of the types of corporations. Many corporations view Business Protection as a feature when they should be factoring into their business plan. There are “integral” members of that company that keep the company running smoothly. As a business owner – you should ask yourself …………………… “If I lost that staff member /associate/manager 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 Positive Aspects of Business Protection Newbury
Business Protection Insurance assures that you, your staff and the organisation itself are protected in the incident of death or illness by way 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 typical outline of the positives that could be introduced to your organisation and our main pointers 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.