Business (Key Person/Shareholder) Protection

Businesses may want to protect the key employees within their firm without whom the business will not function properly. Key person protection can provide a fixed sum should the individual be unable work, or even die. The benefit will be designed to cover the firm's expenses in meeting any emergency costs, recruiting a replacement employee and protecting the future of the business.

Similarly if a shareholder was to pass away, the firms remaining shareholders or directors may want to purchase the deceased's shares from his / her estate promptly to maintain control of their business, as well as ensuring the deceased's family is financially well catered for.

For an informal chat about your requirements please call 01223 846726 or email info@downingfinancial.co.uk