Business Protection
If you’re a limited company owner, your business faces many different types of risk. Which could subsequently lead to the business closing or you or your staff not being able to draw an income or get paid!
One of the main forms of risk is the death or illness of yourself or a key business partner.
Even if they don’t pass away, they could suffer from serious illness or disablement. Or you yourself could become sick and unable to work putting strain on the business.
There are different key areas of business protection that include:
- Business Protection Insurance
- Business loan Insurance
- Key Person Insurance
- Shareholder Protection Insurance
- Critical Illness Cover
- Relevant life cover
At Wyke Financial we would discuss these needs with you and arrive to the best conclusion to cover you and your business. We would hold a 30 minute fact find meeting then go away to get initial proposals. Subject to the outline of this being agreeable we would then lease with all relevant parties (accountants etc) on your behalf to remove all the obstacles possible to not getting cover in place.
There is no charge for our time and our experience in dealing with Business Owners and Key people in this field has lead us to a stream lined process that can get you covered as quicky as possible.
These plans have no cash in value at any time and will cease at the end of the term.
If premiums are not maintained, then cover will lapse.
When having a consultation with Wyke Financial we will consider your specific Protection needs and arrive to an agreed proposal that is both considerate of your circumstances and budget. We aim to outline for you the different areas of insurance cover we can provide and what cover they offer.
Other types of insurance such as buildings & contents or Landlords Insurance will be listed under GENERAL INSURANCE It would be worth your time having a read of the sub sections below so that you can decide prior to your appointment which type of cover is appropriate to you and your circumstances. Although we will of course advise you and recommend an appropriate protection product or package from our panel.