Running a business comes with risks. Are you in business with other people? Are you all responsible for various roles within the business?. Is the performance of the business, dependant on all business owners performing their individual roles? If you answered yes to any of these questions, have you considered the consequences to your business and you and your family's lifestyle?. Have you considered the Your death, disablement, sickness or injury could seriously risk the ongoing viability of your business?. It is important to have plans in place for your family or partner, as well as your business.
It is best to speak to an expert who can structure the most appropriate insurance package to cater for the needs of your business. While we can assist you with putting in place the insurance associated with your business needs, all aspects of your business protection plan should be implemented in close consultation with your solicitor and taxation adviser.
Keeping your business on track
You may be concerned about your business operating should you become disabled, ill or if you were to pass away. Whilst personal income protection and other insurances may be able to assist you, they should not be relied upon completely to meet the added financial pressure on both your personal and business matters.
