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
A ruling in a German court could have implications for other VW motorists seeking compensation.
Volkswagen must pay compensation to owners of vehicles with rigged diesel engines in Germany, a court ruled on Monday, dealing a fresh blow to the automaker almost five years after its emissions scandal erupted.
Volkswagen must pay compensation to owners of vehicles with rigged diesel engines in Germany, a court ruled on Monday, dealing a fresh blow to the automaker almost five years after its emissions scandal erupted.
Dominic Cummings will make a public statement and take questions over allegations he broke coronavirus lockdown rules.
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