Why life and income protection planning is essential for every business

Protecting livelihoods, relationships and the long term vision of a business

clock • 4 min read

Whether a business is in its infancy or well established, the importance of life insurance and income protection should never be underestimated, writes Ken Maxwell

Running a business has many challenges and risks, anything from managing cash flow, staffing, competition and market shifts. Yet one of the most overlooked areas is what would happen to that business if a key person, owner or employee suddenly became ill and were no longer able to carry out their role or even were to die. These risks can be managed sensibly and efficiently, which forms a vital part of any company's long-term stability and success.  Key person cover Every business will have individuals who play key roles within that organisation and the loss of those people could be ...

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