In any company, the loss of key personnel can often have quite a large impact on the business financially. That impact can be detrimental to the future of the business. In particular, for smaller companies with one or two directors or fewer employees. Key person cover can help to protect the business by providing the […]
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Critical illness cover is often bought alongside a life insurance policy to provide financial support if you were to suffer from a serious illness such as a heart attack, cancer or a stroke. The policy pays out a lump sum payment to individuals after being diagnosed with a critical illness. The money is then used […]
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If you’re thinking of changing job roles but are worried you’ll lose your life insurance policy, there may be a way around it. Some insurance policies can be transferred either to your new employer or to a personal policy. This often depends on the insurance provider as well as if there are any changes in […]
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Relevant life policies have become available to employers to provide a tax-efficient death in service benefit for employees. This type of policy is designed so smaller businesses can provide an attractive employee benefits package that is tax-efficient. Relevant life policies were introduced in the last few years to replace death in service benefits as a […]
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