You have your own business; perhaps you work alone, perhaps you employ staff? Either way, ask yourself what would the impact be to your business if you fell ill, or died? Have you thought about losing a business partner? What impact would that have? Have you considered the effect a member of your team falling ill would have?
Every business is different but it’s yours. It’s important to you. When death or illness occurs it will have a devastating effect. It could mean the end of your company.
Provisions can be arranged and put in place for such an eventuality. Numerous options are available, suiting a variety of scenarios, all dependent upon your own individual circumstances.
You also need to consider whether any protection needs to be held within one of the many different kinds of Trust. You may not have the necessary knowledge to make a choice but we can provide the necessary advice and guidance
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Business Protection is an insurance contract that helps protect a business from the financial effects of key people being diagnosed with a critical illness or dying.
Yes, a sole trader can have business protection.
The tax implications of business protection are dependent on the type of arrangement.
The guidance and/or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
Ebullient Consulting, a trading style of Ebullient Consulting Limited is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority.
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