Families of the deceased or long term ill may want to sell their stake in the business to someone unfit to hold such a high position within the company. Or a member of the family may want to take up a place on the board and make...
See more »
Families of the deceased or long term ill may want to sell their stake in the business to someone unfit to hold such a high position within the company. Or a member of the family may want to take up a place on the board and make decisions within your company. Insurance policies can be set up to provide the necessary finance to buy the shares from the original shareholder or their family. Business’s will often have loans or will have raised finance, which will often require a guarantee or charge on their personal property. Lenders may well and often do call in the loan at this time. An insurance product can be structured to pay off this loan and free the business and possibly the family from this financial burden. Can Your company afford to take these risks and ignore Key man Insurance? Most UK leading insurance companies will be able to advise you of how best to arrange your cover and tailored it to your business. This website is for information purpose only and is not in anyway advising you on what polisies you should take. MYKEYMANINSURANCE.CO.UK IS NOT OFFERING FINANCIAL ADVICE PLEASE SEE A QUILIFIED IFA FOR KEYMAN QUOTES AND ADVICE.
See less »
Kaboodle will send you a newsletter and updates from your friends. You can unsubscribe at any time. Kaboodle does not sell or share your email address or personal information with anyone.
Kaboodle requires all users to provide their real date of birth as both a safety precaution and as a means
of preserving the integrity of the site. You will be able to hide this information from your profile if you wish.
Added by 1 people