Business Protection

Business protection is all about insuring for the unexpected. It's a way of protecting your business if something goes wrong.


In the interests of financial security, business stability, and continuity - particularly for private limited companies where there may only be a small number of principal shareholders - it is important to provide a safety net following the loss of a shareholder
One of the great risks of a business partnership is that one of the partners may die or suffer a specified critical illness, with his or her share of the business passing to their beneficiaries. The safety net is a pre-arranged scheme to ensure the surviving partners have enough funds to buy out the departed partner's interest in the business.
Key person insurance is an important form of business insurance. There is no legal definition for 'key person insurance'. In general, it can be described as an insurance policy taken out by a business to protect that business for potential financial losses that could arise from the death or extended incapacity of an important member of the business specified on the policy.

Personal Finance

Findings of the Access to Cash Review indicate that eight million people – 17 per cent of the population – are in danger of being ‘left behind’ as the banks press to replace cash.
The company employs 45,000 workers in Britain and its largest customer is the Government. It said last week it will consider ‘all options’ as part of rescue plans.
You must pay tax on pensions if you’re resident or were resident in the UK in any of the five previous tax years. You also pay tax on any foreign pension payments, including unauthorised payments, such as early payments and some lump sums.
Consumer price inflation remained as high as 2.3 per cent last month. But Ruth Gregory, of Capital Economics, says the figure ‘will be back at 2 per cent by the end of the year’.
A new London initiative aims to help at-risk young people manage their money