Wednesday 10th March 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.


China's exports see big increase
China's exports surged 46% in February, figures show, raising hopes of a strong recovery in global trade.

Insurers 'face $7bn Chile bill'
The earthquake in Chile may cost the global insurance industry as much as $7bn (£4.7bn), Swiss Re estimates.

Airlines offer to give up slots
BA, American Airlines and Iberia offer to give up take off and landing slots in London and New York, say EU watchdogs.

News Feed: BBC News | Business | World Edition

 



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International Pension Solutions is a trading name of Island Financial Solutions Limited.