The importance of business protection
As a former company owner herself, our very own Victoria Hicks knows all about the commitment – and sacrifice – that comes with managing your own firm.
When things are running smoothly, it’s easy to enjoy the financial freedom and flexibility offered to those at the top – but it’s important not to overlook the, often unforeseen, risks.
While many plan for the ‘obvious’, business protection can help an organisation continue to trade if the owner or a key person dies or becomes terminally or critically ill. Proceeds from an insurance policy can also pay to replace a key person, clear any debt or make a payment to the family of the deceased.
Although many assume this could be a lengthy, complicated and expensive process, it really isn’t the case. In this latest blog for MMB Magazine, Victoria explains everything you need to be aware of, and what to do next. Read the full article here.