Also known as ‘key man insurance’, this can compensate a business for financial losses arising from the death, or extended incapacity, of a specified employee or director.
Business Protection
Business protection is all about insuring for the unexpected. It's a way of protecting your business if something goes wrong.
This can provide a business partnership with the funds to ‘buy out’ or compensate the deceased’s dependants, should a business partner die.
A Relevant Life Plan is a death-in-service benefit taken out by a company on behalf of an employee.
In the interests of financial security, business stability and continuity, it is essential to provide a safety net following the loss of a shareholder.
Markets
The PMI for the manufacturing sector gives the first indication of how sharp the economic downturn will be. The index dropped significantly and given how the…
The U.S. manufacturing sector contracted in March, with activity hitting its lowest level since 2009, as the coronavirus pandemic caused widespread shortages, a survey confirmed on Wednesday.
Sterling steadied against a buoyant dollar on Wednesday amid a wider selloff in global stock markets as data showed factory activity across the world contracting sharply due to the coronavirus pandemic.
CityAM - The number of UK coronavirus deaths has jumped by more than 500 in a day, according to the latest figures