Business Protection Insurance in the form of Co-Directors, Keyman or Partnership Insurance can insure the security of your business in the event of death or serious illness.
Keyman Insurance: Keyman insurance if a policy taken out by a business to compensate for financial losses that might arise following the death or extended incapacity of an important member of the business.
Partnership Insurance: Partnership Insurance can provide compensation to a business partnership. If one partner dies a lump sum is released allowing the deceased persons share of the partnership to be bought from their next of kin.