Skandia launches business protection site for IFAs

clock

A website designed to help advisers guide clients on the essentials of business protection has been launched by Skandia.

The site looks at how best to cover the key people and owners of a business, including who needs cover and how much cover is required. It includes key man cover and premium equalization calculators, the latter designed to help advisers distribute protection payments proportionately across key directors and shareholders when opting for shareholder or partnership protection. Ian Brown, head of protection marketing at Skandia, says: “Many businesses forget to insure their key asset – their people – whether they are key employees, partners or shareholders. “Any business could suffer if a dir...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Is price really still king? Why the protection market needs to evolve

Is price really still king? Why the protection market needs to evolve

Data and process improvement will be 'battlegrounds of tomorrow'

Paul Yates
clock 18 March 2024 • 3 min read
Protection sales down 102,000 in 2023; adviser focus labelled 'crucial'

Protection sales down 102,000 in 2023; adviser focus labelled 'crucial'

'Income protection products are more important than ever'

Cameron Roberts
clock 26 February 2024 • 1 min read
'What if': Why business protection advice is so important

'What if': Why business protection advice is so important

'Advisers need to support their business owner clients'

Naomi Greatorex
clock 08 February 2024 • 4 min read