
Group Protection
Offering staff benefits in the form of group life assurance (known as death in service) or group income protection is a cheap way of enhancing employee packages. Underwriting these schemes can be far simpler than for individuals and the levels of benefit can be tiered in order to greater reward more senior or longer serving staff.
Keyperson Assurance
The loss of a key person can have serious financial implications to a busy. It is relatively cheap to insure key people for death or critical illness. A key person is not necessarily a director but could be your top salesperson or a researcher. In the event of a claim the company is will receive funds to help it recruit a replacement and bridge the financial gap created by the loss of an employee.
Shareholder/Partnership Protection
The loss of a business partner generally results in the company’s shares ending up in the hands of a spouse and usually there are insufficient funds available to purchase them. An appropriate life assurance policy together with the necessary legal documentation could easily result in the business partner acquiring the shares without the need for further fund raising. The spouse ends up will the appropriate financial compensation.
If you would like to discuss your Corporate Protection needs in more detail, please call us on 01279 210085.
The levels and bases of taxation are subject to change.
The guidance provided within this website is subject to the
UK regulatory regime and is therefore primarily targeted at consumers based
in the UK.
This site does not confer any form of personalised financial advice, should
you wish to receive specific financial advice please contact us.
GQ Independent Limited is an appointed representative of Interdependence Ltd, which is authorised and regulated by the Financial Services Authority.