We have extensive experience of helping businesses to identify
potential financial threats and to ensure that strategies
are put in place to minimise their impact.
of key employees
For most businesses, whether large or small, their most valuable
asset is their employees. But it is also important to be aware
that there are usually one or two people whose loss through
illness or injury could be potentially catastrophic for the
In some cases, there are obvious “key people”
such as the top salesperson, account handler or the chief
executive. But in some cases, there can be critical reliance
on a systems manager, dispatch manager or the finance director.
The loss of any one of these could damage operational effectiveness,
customer satisfaction or even bank confidence.
We could help you identify who is critical to your business
and then arrange cover that provides a lump sum or income
to cover the cost of replacing them at short notice –
which is invariably more expensive than their existing salaries!
Loss of shareholder or partner
The loss of a partner or shareholding director can be immensely
damaging to a small business because ownership of the company
can effectively be lost, if wills are not “correctly”
We could assist with arranging a “company will” to help ensure that control of the business remain with the “right” people, whatever happens, and arrange any necessary insurance to ensure that families and other beneficiaries can be adequately compensated, where necessary.