corporate

Business Protection

Many business owners believe that it simply won’t happen to them. The chances of a partner or director, in a small business dying or becoming seriously ill before retirement, are probably a lot higher that you might think.

Many problems can arise for a business when a partner or key employee dies prematurely or becomes seriously ill. The lack of credit to small businesses could result in some surviving business owners having insufficient funds to purchase a deceased owner’s share of the business or in some incidences getting into financial difficulty because of a key employee’s death.