The business protection market offers a wealth of opportunity for advisers looking to grow their client base. Brian Kerry explains
The business protection market in the UK remains largely untapped. Historically, advisers have concentrated on more traditional areas in the individual savings and protection markets and in the corporate sector, the focus has generally been on pensions and income protection. However, there are two main areas in the business protection market that advisers should be focussing on - key person protection and ownership protection. The level of key person protection can vary depending on whether the requirement is within a company or partnership, but it is designed to protect the bottom line. ...
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