The death or serious illness of a key director or employee can have far-reaching or even disastrous consequences for a business.
The death or serious illness of a key director or employee can have can result in:
- Loss of profits
- The recall of loans
- Reduced capacity
- Loss of key clients/contacts
- Reduced practical know-how
Having the correct insurances in place and making sure that they are regularly reviewed and updated as your business changes can be a particularly onerous task.
Your St. James's Place Partner will undertake an in depth review of your business and work with you to implement a tailored insurance programme to protect your business from a wide range of risks.
Download our guide to Creating Financial Independence (PDF) for further information for business owners and directors, or request contact from a St. James's Place Partner to find out more.