| Business Protection or Business Continuity |
The success of every business depends upon the performance
of its directors, partners or other key personnel in their unique
capacity. The company and its continuity is therefore vulnerable in
the event that any one of those people meet with an untimely death
or illness of such magnitude that they are effectively incapacitated
There are a number of simple financial solutions which can be put
into place to help ensure that the business survives and the planning
begins with establishing the relevant factors so that a solution can
be tailored to your company circumstances. These will include things
like:-
- keyman insurance to protect against the loss of or incapacity
of a “key” director or employee
- share protection planning to enable the company or remaining
shareholders to buy up the shares of a deceased shareholder ina
pre agreed manner.
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