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.
In the interests of financial security, business stability and continuity, it is essential to provide a safety net following the loss of a shareholder.
UK News
The UK government is calling this the largest commercial deal of its kind and expects it to create more than 7,600 "high-quality jobs".
The Federal Reserve makes its first cut to interest rates since 2024, and signals more to come.
While UK inflation held steady in August, the pace of price rises for food surged, increasing cost of living pressures.
Microsoft, Google and Nvidia have announced investments as part of a £31bn UK-US "Tech Prosperity Deal".
Staff are being laid off with "reduced or zero pay" following a cyber attack, which has forced the carmaker to shut down, Unite union claims.