Does your business have any loans or debts?
How it works:
- For limited companies & limited liability partnerships:
- A Life Cover policy or Life & Critical Illness Cover policy is set up.
- When a claim is made, a cash sum would be paid directly to your business.
- Your business can then use these funds to reduce or clear the company’s outstanding loans or debts.
- For partnerships:
- Any cover policies that are set up would be placed in trust for the partners of the business.
Central Financial Services offers a complete one stop solution for your Business Insurance needs.
These needs can be far more than you had realised and taking professional advice can ensure you make an informed decision about your business protection needs.
You wouldn’t drive your car without having insurance so why risk your business!