Business Protection

At Financial Advice Centre, we work with our clients to ensure they have the right business protection and insurances in place should the unexpected happen. This makes sure our clients are protecting their businesses if something were to go wrong.

For specific advice, pleaseĀ get in touch.

Key Person Insurance

Key Person Insurance

Key person insurance is an important form of business insurance. There is no legal definition for 'key person insurance'. In general, it can be described as an insurance policy taken out by a business to protect that business for potential financial losses that could arise from the death or extended incapacity of an important member of the business specified on the policy.

Partnership Protection

Partnership Protection

One of the great risks of a business partnership is that one of the partners may die or suffer a specified critical illness, with his or her share of the business passing to their beneficiaries. The safety net is a pre-arranged scheme to ensure the surviving partners have enough funds to buy out the departed partner's interest in the business.

Relevant Life Plan

Relevant Life Plan

A Relevant Life Plan is a death-in-service benefit taken out by a company on behalf of an employee.

Shareholder Protection

Shareholder Protection

In the interests of financial security, business stability, and continuity - particularly for private limited companies where there may only be a small number of principal shareholders - it is important to provide a safety net following the loss of a shareholder

Markets

Paul Volcker, the inflation-busting Fed chairman who served under six presidents, has died.
Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-U.S. trade war.
Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China's economy due to the prolonged Sino-U.S. trade war.