Skandia launches business protection site for IFAs

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 ...