At LDNfinance, our experienced and highly professional advisers can review the insurance market to secure business protection product that covers your business against the loss of key personnel.
As smart, savvy business owners, it is essential to consider every eventuality for the future wellbeing of your company. It’s important to safeguard your business and its customers should the worst happen, and you lose a key business partner or employee through death or ill-health. Our dedicated LDNfinance advisers will take the time to listen to your business requirements before finding a suitable business protection policy that covers anything from loans and mortgages to executive income.
So many businesses invest time and money in insuring their premises and its contents, but too often the number one asset of a business goes unprotected – the owner(s) and key employee(s). The sudden loss of an important team member can cause long term damage to companies that may be very hard, or impossible, to recover from. Typically, a business protection insurance policy is designed to pay out lump sums to businesses if an individual passes away suddenly, falls terminally ill or is permanently disabled. This kind of continuity or succession planning can be vital for any growing business.