Lack of awareness about the business protection market has prompted many advisers to shy away. Peter Madigan looks at what the sector has to offer
Intermediaries operating in the corporate protection market have traditionally focused on the employee benefits sector. Although on the whole employees are still massively under-protected, many employers have heeded the advice offered by intermediaries and taken out private medical insurance (PMI), income protection (IP) or critical illness (CI) plans for their staff. Yet while busines-ses have invested in such schemes to attract and retain high quality employees, very few appear to have taken steps to protect the company itself. Misleading Business protection products are designed to s...
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