Most businesses today make sure their assets are covered against the effects of fire, theft or any unforeseen event.
What about key employees - should it not be second
nature for your clients to protect this asset as well? Many businesses often cite people as their most valuable asset although they do not consider their financial value.
Protection for key employees is just one area of business protection - there is also protection for business loans, as there could be severe consequences if loans are not protected such as an inability to make repayments.
You may also want to consider protection for shareholders or partnerships. Without this type of cover there is always the potential for the deceased's family to sell the shares to someone else, maybe a competitor or perhaps they want a say in how the business is run!
Scottish Provident offers four main types of cover:
We also offer relevant life policies and various trust solutions.
We make introducing business protection to your clients simple. Our new toolkit gives you everything you need to plan, present and deliver flexible solutions to meet your client's needs.
From at-a-glance guides, easy to understand aids, helpful calculators and fact finding templates you will find all the tools you need to help with every step of the business protection sale.