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Business Protection

Business protection is all about insuring for the unexpected. It's a way of protecting your business if something goes wrong.


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.
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
Key person insurance, also formerly called key man 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.

Personal Finance

The facts behind media stories about UK aid and DFID’s work.
The Foreign Secretary comments that the Emir of Qatar's commitment to combat terrorism will help resolve the dispute.
The new Office for Professional Body Anti-Money Laundering Supervision (OPBAS) will tackle potential weaknesses in the supervisory system that criminals and terrorists may be trying to exploit.
Transcript of speech delivered by Lord Bates, Minister of State for International Development, on the Centre for Global Disaster Protection.
Jo Johnson speaking to the Higher Education sector at Reform on Thursday 20 July 2017