Business Protection

At Financial Advice Centre, we work with our clients to ensure they have the right business protection and insurances in place should the unexpected happen. This makes sure our clients are protecting their businesses if something were to go wrong.

For specific advice, pleaseĀ get in touch.

Key Person Insurance

Key Person Insurance

Key person insurance is an important form of business insurance. There is no legal definition for 'key person insurance'. In general, it can be described as an insurance policy taken out by a business to protect that business for potential financial losses that could arise from the death or extended incapacity of an important member of the business specified on the policy.

Partnership Protection

Partnership Protection

One of the great risks of a business partnership is that one of the partners may die or suffer a specified critical illness, with his or her share of the business passing to their beneficiaries. The safety net is a pre-arranged scheme to ensure the surviving partners have enough funds to buy out the departed partner's interest in the business.

Relevant Life Plan

Relevant Life Plan

A Relevant Life Plan is a death-in-service benefit taken out by a company on behalf of an employee.

Shareholder Protection

Shareholder Protection

In the interests of financial security, business stability, and continuity - particularly for private limited companies where there may only be a small number of principal shareholders - it is important to provide a safety net following the loss of a shareholder

Markets

Britain's fourth biggest supermarket posted a 2.7 per cent increase in like-for-like sales excluding fuel in the three months to the end of April compared to the same period last year.
Beauty and lifestyle e-commerce company THG Plc (THG.L) has raised more than $1 billion in new equity, including $730 million from Japan's SoftBank Group (9984.T).
Britain's Pret A Manger plans to open its sandwich and coffee shops within Tesco stores as it re-invents its business model after the coronavirus pandemic, which hammered its sales.