Protection

When reviewing a client’s circumstances, protection against the death or critical illness of a ‘Keyperson’ or shareholder/partner is an area BiB prioritises, as it is one that is often overlooked in business.

We all make sure our business cars are insured adequately but in the vast majority of cases fail to protect our most valuable asset; the people who either run or create the sales for the business.

Which type of cover is most suitable for each particular risk and at what price can be difficult to determine without expert guidance from someone familiar with all the various types of cover available and the industry jargon associated with the technical issues surrounding the products.

For example business protection policies can take many forms and common phrases such as ‘Keyman policy’ are often misunderstood. Similarly Health and income protection policies have many options and exclusions contained in the policy wordings.

BiB will review you current arrangements and advise you on areas suitable to your particular business. If you need a review of your current circumstances complete our enquiry form now