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Our Services Business Protection So many firms routinely insure their tangible assets against theft, fire or damage but very few realise that the loss of their most important assets, key employees, is likely to have a far more damaging effect on their business.
Take the example of a partnership. How would your business cope if a partner died suddenly or became critically ill and unable to work? Where would the funds come from to buy out his or her share of the business, repay loans or find a replacement? The same is true of directors, particularly those of small to medium sized businesses. Even large companies who rely on key business producers or managers should have some form of protection against the worst happening.
Death, critical illness and loss of income can all be insured against, and indeed should be insured against as part of your business protection planning. Here at IFS we provide keyperson, shareholder and partnership protection solutions which cater for businesses of all sizes.
Contact us now to arrange a no cost, no obligation confidential meeting to discuss how you can protect your business.
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Need to cut deficit 'supported'
Many people are in favour of reducing the deficit but they are less clear about where cuts should be made, a BBC poll suggests.
BP well 'poses no further risk'
The official in charge of cleaning up the Gulf of Mexico oil spill says the well which caused the damage is no longer a risk to the environment.
Six million facing new tax bills
HM Revenue and Customs says some 1.4 million people each owe about £1,500 in tax, while 4.3 million will get an average rebate of £418.
News Feed: BBC News - Business
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