FOR EXPERT, PROFESSIONAL ADVICE CALL US ON 01494 451441

C_Roundel.jpg

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 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 U.S. Federal Reserve and Bank of England on Thursday urged global financial markets to step up efforts to shift from the scandal-plagued Libor reference rate to alternative interest rate benchmarks.
LONDON (Reuters) - Major British employers agreed pay rises averaging 2.5 percent last month, offering a more generous increase than in 2017 during the busiest month of the year for wage negotiations, industry data showed on Thursday.
LONDON (Reuters) - British inflation fell unexpectedly in April, according to data that prompted fresh questions about when the Bank of England would next raise interest rates and pushed sterling to its lowest level against the dollar this year.
LONDON (Reuters) - Bank of England Governor Mark Carney said on Tuesday he expected Britain's economy would bounce back from a weak start to the year when it was hit by heavy snowstorms, keeping the prospect of higher interest rates on the table.
LONDON (Reuters) - Automated financial advisers must provide more clarity on their fees and gather more information on a customer's financial circumstances to ensure they receive the appropriate service, Britain's markets regulator said on Monday.