No matter how large or small your business is; you're vulnerable to losing key staff. Key person insurance should be tailored around each individual company; there is no “one size fits all”. Many companies have one or two people who have a critical role.
Within any business however they've been set up, there are always one or more key personnel who are vital to the business. Arranging insurances for key staff is not the most exciting, but essential for the livelihood of the business.
Business Loan Cover, Shareholder And Partnership Protection
It's vital that all partnerships check a suitable agreement is in place, otherwise your business could suffer. Many partnerships believe that the business would pass automatically to their fellow partners on their death but this is not necessarily correct.
Contact us to discuss how we can provide tailored advice to meet your company's requirements.
The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk. Sterling Financial Consultants Limited is authorised and regulated by the Financial Conduct Authority (www.fca.org.uk/register). Financial Services Register No: 521843 Registered in England & Wales, No. 4009965 Registered Office: 5 Greenwich View Place, London E14 9NN. The information contained within this site is subject to the UK regulatory regime and is therefore targeted primarily at consumers based in the UK.