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Business Protection
Business Protection
Business protection is essentially a life insurance policy for the important people in your business. That may include yourself as a Director or partner, or it may be one or more of your essential members of staff (key person).
Why might you need such protection? What can go wrong? We all insure our cars, our possessions, our business premises etc but how many consider the impact on the business if a key person were to die or suffer a critical illness such as cancer or a heart attack?
Need advice - 0800 458 3525 OR Fill in our Enquiry Form and we'll get back to you as soon as possible.
What we do:
- Provide competitive comparison quotes
- Offer a Price Promise guarantee
- Offer you a dedicated adviser, to assist you from the start to finish of your policy purchase.
What we don't do:
- Sell your data to third parties.
- Provide a data capture site only.
We can offer advice and the relevant life and/or critical illness policies to cover all aspects of business protection:
- Director Share Protection
- Partnership Protection
- Keyperson Protection
Need advice - 0800 458 3525 OR Fill in our Enquiry Form and we'll get back to you as soon as possible.
Legal & General carried out some research in July 2005. They telephone interviwed 315 senior managers of businesses with a turnover of over £50,000. They found that:
-Approx 70% of companies don't have key person cover.
-100% felt that they had at least one key person in their company whose death or serious illness would impact on company profit.
-Over 50% of companies could close within one year of the death or serious illness of a key person.
-76% of companies have two or more key persons within their business.
-Few of the businesses consider Key Person, Directors share protection and Partner Share protection as an important type of business protection insurance cover.
What next? Complete our enquiry form and one of our experienced and friendly advisers will contact you to discuss your requirements and offer you a no obligation competitive quote. Or phone us now (office hours) on 0800 458 3525.
Lyn Financial Services and Lifeassureonline are trading styles of LFS & Partners Ltd who are authorised and regulated by the Financial Services Authority. LFS & Partners Ltd are entered on the FSA register under number 460692. (www.fsa.gov.uk/register )
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