Business shareholder protection
As part of any business continuity plan, the death, critical illness or permanent disability of a key shareholder needs careful consideration. To deal with this…
Many problems and complications arise for a business when a partner or key employee dies or becomes seriously ill. It makes sense to protect against the loss of certain key members of your business. The chances of a partner or director in a business dying or becoming seriously ill before retirement are a lot higher than you might think. The lack of credit available to small businesses could result in surviving business owners having insufficient funds to purchase a deceased owner’s share of the business or, in some instances, getting into financial difficulty because of a key employee’s death.
You can’t predict tomorrow, but you can plan for it. Our team is here to help you understand the impact of such an event and tailor a package from a range of life insurance plans to meet your business’s needs, including plans for employees, directors, partners and group risk schemes.
We’re here to help. Our team will tailor a plan specific to you and your loved one’s needs and budget. We can also work with you to help ensure you and your company are protected if the unexpected happens with a plan tailored to you and your firm’s needs and budget.
DC and Private Wealth Leader for Mercer Ireland
As part of any business continuity plan, the death, critical illness or permanent disability of a key shareholder needs careful consideration. To deal with this…
The business can suffer a severe financial impact if a key person dies, suffers a critical illness or becomes permanently disabled. Key person insurance,…