Should You Consider Critical Illness Cover With Business Protection?

Many business owners are not aware that business protection exists so far as shareholder protection, partnership protection, and keyman insurance are concerned.  It is often the case that once the business understands how these products can help the business survive through the worst times , it tends to make sense.  First of all people tend [...]

Keyman Insurance - The Anderson Rules

Whether or not the premiums for Keyman Insurance qualify for tax relief is a common area of discussion.  In short there is no definitive answer as the last time the taxation of these policies was discussed in parliament was in 1944.  The principles of taxation were set out by the then Chancellor of the Exchequer, Sir [...]

Business Protection Insurance A Focus For Life Assurance Companies

It is a well known fact that Business Protection is a heavily under-valued insurance in the UK business market.  There are around 4.7 million private sector businesses in the UK, 99.9% of which are SMEs, which AEGON believes represents a potential market of around £500m.
Within the Business Protection market there are different types of insurance needs [...]

Keyman Insurance - Do YOU Need It?

To say that Keyman Insurance is overlooked by most UK companies is a serious understatement. 
For those of you reading this article who do not know what Keyman Insurance is, here’s a brief explanation.  Keyman Insurance is a life assurance policy taken out by a company covering an employee/s sudden absence from the business due to [...]

Keyman Insurance In A Recession

Most companies, whether they are small or large, are struggling right now.  Obtaining credit from banks is becoming harder by the day.  Sales are down and costs are rising.  What can the company do to survive?  Put simply, companies have to cut costs which often means staff too.  More and more redundancies are announced each day [...]