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

US President Donald Trump will meet with U.S. oil executives to discuss possible financial assistance for the industry and tariffs on oil imports from Saudi Arabia, according to the Wall Street Journal
As the U.S. government tries to convince Russia and Saudi Arabia to put an end to the oil price war, it might just be too little, too late for the Trump Administration
Crude oil futures surged on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war and Russian President Vladimir Putin called for a solution to "challenging" oil markets.
Australia on Thursday announced free childcare for six months as part of a bid to keep businesses operating through the coronavirus pandemic, as data on new infections supported early signs of "flattening the curve."
Australia's most populous state said on Thursday police enforcement of restrictions on personal movement intended to slow the spread of the coronavirus would last three months, as the number of new cases continued to slow.