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Business Protection

Business protection is all about insuring for the unexpected. It's a way of protecting your business if something goes wrong.


In the interests of financial security, business stability, and continuity - particularly for private limited companies where there may only be a small number of principal shareholders - it is important to provide a safety net following the loss of a shareholder
Key person insurance, also formerly called key man insurance, is an important form of business insurance. There is no legal definition for 'key person insurance'. In general, it can be described as an insurance policy taken out by a business to protect that business for potential financial losses that could arise from the death or extended incapacity of an important member of the business specified on the policy.
One of the great risks of a business partnership is that one of the partners may die or suffer a specified critical illness, with his or her share of the business passing to their beneficiaries. The safety net is a pre-arranged scheme to ensure the surviving partners have enough funds to buy out the departed partner's interest in the business.
Business protection is all about insuring for the unexpected. It's a way of protecting your business if something goes wrong. It can provide an essential safety net for all types of business.

Personal Finance

LONDON (Reuters) - The cost of a comprehensive motor insurance policy fell 1.3 percent on average in Britain in the fourth quarter from the previous quarter, though premiums rose 8 percent for full-year 2017, a survey said on Monday.
LONDON (Reuters) - British Prime Minister Theresa May said she would clamp down on bosses who try to "line their own pockets" while not protecting workers' pensions, after the collapse of outsourcer Carillion with a 900-million-pound hole in its pension scheme.
LONDON (Reuters) - British MPs said on Monday that raising the borrowing cap on local authorities to boost the supply of new homes and a cut in the tax paid by first-time buyers would not "fix the broken housing market", as the government had pledged.
LONDON (Reuters) - British households turned gloomier about their finances in January as their expectations about future inflation hit a near four-year high and they relied more on borrowing, according to a survey which underscored the strain on many consumers.
LONDON (Reuters) - British shop sales slid by much more than expected in December, capping off the weakest year for retail since 2013 as consumers squeezed by the Brexit hit to prices continued to keep a tight grip on spending.