Running your own business can be all consuming – even when everything is running smoothly. But have you thought what might happen if you, a partner, shareholder or key member of staff became seriously ill or died?
Depending upon your/their role in the business it could:
- Affect sales
- Disrupt productivity
- Affect cash flow making it difficult to pay any business loans
- Impact staff morale
- Cause unease amongst customers and shareholders
Business protection insurance is the solution to a problem that could cause serious setbacks to your business. You’ll have access to a lump sum to cover outstanding business loans, purchase shares or for training and recruiting new staff. We can talk you through the various options and ensure you choose the plan that fits the needs specific to your business – and it needn’t cost the earth.
Taking care of your business. Taking care of your people.
In this series of articles from The Finance Roome in Gloucestershire, they look at how business insurance can help you take care of your business and your people.
Key Person Cover…
Key Person Protection: Download the Finance Roome business continuity planning toolkit
Relevant Life Insurance…
Relevant Life Insurance: Is there a moral need to address the wellbeing of your staff?
Business Loan and Shareholder protection…
The Finance Roome looks at business loan and shareholder protection
You can also find out more about our business insurance and download our free Business Continuity Plan toolkit here.
DOWNLOAD your copy here:
The Finance Roome provides clients with a variety of business protection products to help you protect your business and your people.
If you’d like to speak to us, call the business protection team at our Cheltenham office today on 01242 226353 or email us: enquiry@thefinanceroome.co.uk to request a call back.
Follow us on Twitter: @thefinanceroome
