Protecting your business

In every business, there are some individuals who hold key positions: directors, partners, major shareholders or employees with critical expertise. Ensuring the protection of those parties is a vital part of your financial planning strategy.

We can help you identify which employees should be protected and to what degree. Appropriate insurance solutions could include:

• Shareholder protection - the legal right and financial ability to purchase the interests of another shareholder following their death or serious illness.
• Partnership protection - a policy that enables surviving partners to buy out a proportion of the business that was owned by the departing/deceased partner.
• Key person protection - life and/or critical illness cover for vital team members, which can help ensure the continued success and stability of your business.
• Critical illness cover - a policy that can help cover the direct and indirect costs assocated with the serious illness or injury of a key worker.

If your business has taken on commercial loans it is also vital to protect these to safeguard the future of your business. Our corporate financial planning experts can help you secure business loan protection that will repay any outstanding loans on the death of a business owner.

Our corporate financial planning team is standing by to advise you of every aspect of business and key person protection. For more information please call us on 0845 521 1146 or email corporate@ashcourtrowan.com.