Business Protection is key to the management of risk within a business. It is imperative that businesses identify their risks and put in place practical solutions. Such plans, if structured correctly, can be cost-effective and tax-efficient ways for businesses to help safeguard their future.
The Key Person Protection Plan is there to provide protection against the financial loss it may suffer from losing a ‘key’ employee due to death.
The Shareholder/Partnership Protection Plan allows a business/partnership to protect itself against the financial loss it may suffer from losing a major shareholder/partner due to death.
The Business Loan Protection Plan allows a business to put in place an appropriate solution that will provide funds to repay any borrowings.