Thursday 29th July 2010

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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.


Fixed retirement age to be axed
People reaching the age of 65 will no longer be forced to retire from October next year, under plans announced by the government.

Gambling firms reveal merger plan
The UK's Partygaming and Austrian firm Bwin unveil plans to merge and create the world's largest online gaming business.

Oil firms' profits almost double
Oil giants Royal Dutch Shell and Exxon Mobil see profits almost double in the week rival BP suffered record losses.

News Feed: BBC News - Business

 



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Island Financial Solutions Limited is licensed by the Isle of Man Financial Supervision Commission to carry on investment business.
International Pension Solutions is a trading name of Island Financial Solutions Limited.