02825 640919 | nigel@srgfinancial.com

Business Protection

Business protection is all about insuring for the unexpected. It's a way of protecting your business if something goes wrong.


One of the great risks of a business partnership is that one of the partners may die or suffer a specified critical illness, with his or her share of the business passing to their beneficiaries. The safety net is a pre-arranged scheme to ensure the surviving partners have enough funds to buy out the departed partner's interest in the business.
In the interests of financial security, business stability, and continuity - particularly for private limited companies where there may only be a small number of principal shareholders - it is important to provide a safety net following the loss of a shareholder
Key person insurance is an important form of business insurance. There is no legal definition for 'key person insurance'. In general, it can be described as an insurance policy taken out by a business to protect that business for potential financial losses that could arise from the death or extended incapacity of an important member of the business specified on the policy.

UK News

Being harassed has become 'normal' - and it's time for the government to act, a group of MPs say.
The judge said the contempt of court case was too complex and needed further consideration.
Slump in sales sparks move by department store chain, which will continue to sell Blu-ray players.
Koshka Duff says she was stripped naked, manhandled and humiliated by a group of police officers.
Health data shows a lower proportion of women have been having the test when they should.