Businesses have contingency plans in place for buildings and contents, stock and vehicles. What about protecting this real key asset? We are able to offer advice to businesses on protecting themselves against the loss of key staff, loan liabilities and share purchase.
Loss of Key Person/ Shareholder/ Partner and Business Loan
People are the heart of any business and are responsible for its success. The death or serious illness of a key member of staff could seriously impact the performance of the business. The business may have to stop trading, affecting people’s livelihoods.
Business Life Insurance Option could help sure that a company can:
• Pay its debts.
• Replace key people.
• Protect its profits.
• Let partners/shareholders keep control of the business.
• Provide support to a partner’s/shareholders family.
A helping hand
At Dorset Financial Planning we can help you find a product that is right for you in terms of cost, benefits and service.
Call Dorset Financial Planning today on 07862 708429.