It is important to help protect your loved ones in the event of your death.
Life cover pays out a tax free cash sum on your death and, whilst it won’t replace you, it can help your family continue with the standard of living you would want for them.
Other types of cover are available to help protect your future;
Pays a tax free cash sum if you are diagnosed with a specified critical illness, such as cancer, heart attack, stroke or a number of other medical conditions.
Provides a regular long term tax free income if you are unable to work for a prolonged time due to an accident or illness.
Accident Sickness & Unemployment (ASU)
If any of these problems prevent you from working then this policy can cover your mortgage payments for up to 2 years.
Private Medical Insurance
Can provide medical cover for you and your family, with choices for the doctor, hospital or treatment you require quickly without being placed on an NHS waiting list.
Companies insure their buildings, equipment, stock and cars etc but what about the more important assets – the people who provide the success and profits for the business!
How would your company survive if you could not work?
Is someone ‘key’ to the company’s continued success? Would your creditors be happy if a key person died or had to retire on health grounds?
If your business partner dies what happens to their share of the business? Could you afford to buy it?
Protecting your Company’s future profits and the livelihood of your employees is not that complicated and does not have to cost too much.
Business Protection puts the right money in the right hands at the right time.
Protecting Your Employees
Companies can offer their staff Group Scheme providing a tax free sum to their dependents if the employee dies.
These are tax efficient, low cost ways of providing an important benefit.
If your Company is too small to offer such a scheme then don’t worry because new legislation now allows policies to be set up for just 1 or 2 employees and the Company can still get tax relief!