Reading Business Protection Insurance
Business Protection Reading
Business Protection Reading is a Method of protecting your company in the incidence of death or extreme illness. There are five possible choices of Business Protection;
- Key person insurance
- Partnership protection
- Relevant life protection
- Business loan protection
- Director/shareholder protection
- Sole trader protection
Business Protection Insurance includes necessary protection for each types of companies. Many companies view Business Protection as a feature when they should be factoring into their business plan. There are “vital” members of that business that keep the company ticking along properly. As a business director – you should ask yourself …………………… “If I lost that staff member /associate/director due to ill health or death – how would that have an impact on my business? And how could I financially future proof the impact that may cause?”
The Benefits of Business Protection
Business Protection Insurance guarantees that you, your workforce and the company itself are covered in the event of death or illness by way of:
- Being given funds to keep the business operating in the event of death or sickness.
- You can use the funding to make up for the loss of important workers
- 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 routine analysis of the positives that could be delivered to your organisation and our main guidelines 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.
See Also; Business Protection Sunningdale, Business Protection Newbury, Business Protection Ascot