Here at Sheards Wealth Management, we now offer Business Protection insurance and Relevant Life insurance. These products are designed to protect both you and your employees.
Relevant Life Protection
If you own a small business, there’s a smarter way to buy life cover for yourself and your key employees.
With a Relevant Life policy, the business makes the payments not the person who’s covered. This means that you won’t pay any national insurance contributions or income tax on the premiums, but you still get the benefits of corporation tax relief.
Here’s an example of how a Relevant Life policy can cut your company costs:
Business Protection Insurance
All businesses need insurance. For most, this might mean taking out liability insurance or insuring the building and contents such as machinery. But what about insuring your most important assets, your key people? How would you cope if a key person falls critically ill or dies?
77% of senior decision makers in SMEs believe that the absence of a key person for six months of more due to serious illness would have an impact on their business. And almost 1 in 3 of those say that the impact would be severe.*
Business Protection offers key person cover which gives your business capital if a key person gets a critical illness.
If you’d like to find out more about the products that we offer, please contact Mark Stewart on 01484 448 019 or email: [email protected]
*Source: YouGov, July/August 2014, Business Insurance research