Business Protection
Over 90% of business failures result from management breakdown, with the death or serious illness of a co-director, keyman or partner leading to loss of profits, contacts and investment. Statistics show a one in four chance of death before retirement and a 60% chance of serious illness before 65 years of age, so it is important to consider a Business Protection Plan which:
- will guarantee an immediate non-taxable cash sum is paid on the death or critical illness of a co-director, keyman or partner
- is designed to be flexible and can be altered to meet changing needs
Providing a flexible, tax-effective solution to an otherwise complex problem, Business Protection offers peace of mind and financial help while a business deals with the trauma of losing the services of a valuable asset.