It takes a lot of time and commitment to start a new business, with most business owners making sacrifices over the years as they establish their business into the successful venture it is today. After all that hard work, it makes sense to have protection in place for the business you have worked hard to create.
As with all business insurance, correct policy ownership and legal documentation to support these insurances is paramount to ensure the right money goes to the right person at the right time. In many cases, it may be appropriate for business policies to be owned by a third party bare trustee.
Business owners should therefore consider the various types of insurance to protect them from unexpected events that can arise. To find out more on their purpose, click on the blue button.
Our advisers can ensure that your business is adequately protected for the future and that ownership of your policies is appropriately structured. Contact us if you would like us to review your current level of business insurance cover.