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 e-commerce titan's 56-year-old boss sold 1m shares in his company in a series of transactions as part of an arranged trading plan on Monday and Tuesday, newly released filings show.
The e-commerce titan's 56-year-old boss sold 1m shares in his company in a series of transactions as part of an arranged trading plan on Monday and Tuesday, newly released filings show.
Amazon.com Inc Chief Executive Officer Jeff Bezos sold shares worth $3.1 billion in the e-commerce company in recent days, regulatory filings showed on Wednesday.
Hopes are growing that a Covid-19 vaccine is coming. But Goldman Sachs thinks a vaccine might actually upend the stock market, which has continued to rally despite worries about a rise in cases in several key states.
The new digital asset head at Goldman Sachs said the bank was currently considering launching its own possibly fiat-backed cryptocurrency.