In an uncertain world it is imperative that you protect what you have created or what you are responsible for.
We take time to get to know you and your business to find the right policies that provide you with all the protection you need. We will research the whole of the market and ensure that any arrangements are set-up in the most appropriate way for your business.
Shareholder protection is designed to ensure business continuity in the event of the death of a shareholder. Insurance can be taken out by fellow shareholders or the company.
The policy proceeds are then used to help buy the share of the business owned by a shareholder that has passed away.
The policy proceeds are used to help pay off any outstanding loans your business may have should a key individual die or be diagnosed with a critical illness.
These could include bank loans or directors loan accounts which need to be repaid on death.
Business protection can help deal with unexpected circumstances that can affect your business.
There is always an element of uncertainty in running a business: premises can be rebuilt, contents can be replaced, but the recovery of a key individual is not nearly as certain.
Having the right business protection policies in place helps to ensure your company can survive the loss of a key individual.
These benefits can be offered to both the directors of a company and the staff. It is also useful for smaller companies who may not be able to obtain group terms.
It’s set up by the company and pays out a tax-free, lump sum on the death (or diagnosis of a terminal illness) of the person insured.
It is also a good way of providing additional life cover for the beneficiaries of a company owner over and above any group arrangement that may be in place.
Advice at home
Arrange to see an independent financial adviser at home, work or your local Ascot Lloyd office.
Advice over the phone
Receive independent financial advice over the telephone or video call when convenient.
Business protection is an essential consideration for most businesses
Head office
Ascot Lloyd
Reading Bridge House
George Street
Reading, RG1 8LS
Co No: 07584487
VAT No: GB 143779386
FCA No: 578614
Tel: 0345 475 7500
Fax: 0845 475 7505
Email: info@ascotlloyd.co.uk
Keep your business safe in the event of the unexpected