This can provide a business partnership with the funds to ‘buy out’ or compensate the deceased’s dependants, should a business partner die.
Business Protection
Business protection is all about insuring for the unexpected. It's a way of protecting your business if something goes wrong.
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.
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.
Markets
Chief executive makes changes before the findings of a root-and-branch review of railways
Without EU succour, the consequences of going it alone will be painfully felt
British energy minister Kwasi Kwarteng on Sunday dismissed concerns over potential food, fuel and drug shortages in the event of a no-deal Brexit as scaremongering.
The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said.}
The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said.