Business protection is designed to help businesses and directors continue to trade if a key person, business owner or shareholder were to die or have a critical illness. Proceeds from the policy could help ensure that key individuals are replaced, corporate debt is protected and shares from the deceased partner’s/director’s estate are purchased in the companies best interests. We understand just how important business protection is. We want to help you ensure that you are fully covered to overcome any scenario should the worst happen.
Life Insurance paid by your business
It is usually possible for directors/employees to have life insurance that is set up and paid for by the business. The premiums are classed as a business expense so very tax efficient.