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
Sports Direct believes customers could be losing out on choice and price as it complains about the dominance of top brands.
Retailer raises concerns about extremely strong bargaining position of ‘must-have’ brands
The Mike Ashley-owned retailer says the "must-have" brands hold too much market power.
Abhijit Banerjee, Esther Duflo, Michael Kremer ‘dramatically improved’ practical solutions
Esther Duflo, who won the prize as part of a team of three, is only the second woman since 1969 to win.