Also known as ‘key man insurance’, this can compensate a business for financial losses arising from the death, or extended incapacity, of a specified employee or director.
This can provide a business partnership with the funds to ‘buy out’ or compensate the deceased’s dependants, should a business partner die.
A Relevant Life Plan is a death-in-service benefit taken out by a company on behalf of an employee.
In the interests of financial security, business stability and continuity, it is essential to provide a safety net following the loss of a shareholder.
UK News
The BBC has found a pattern of spikes in trades ahead of public announcements by the US president.
New European border rules have caused delays at airports across the continent, affecting flights.
Businesses can apply online through a portal for refunds expected to total $160bn.
Energy markets have seen wild swings since the US and Israel attacked Iran on 28 February.
The conflict in the Middle East has increased pressure on the cost of petrol, household energy bills and even food.