A Relevant Life Plan is a death-in-service benefit taken out by a company on behalf of an employee.
Business protection is all about insuring for the unexpected. It's a way of protecting your business if something goes wrong.
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
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.
Key person 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.
There were 5,500 new buy-to-let home purchase mortgages completed in May, some 9.8 per cent fewer than in the same month a year earlier.
The ‘Meerkats Meals’ scheme is available to anyone buying an eligible product through the website such as a travel insurance policy or switching to a new energy provider.
Kate Donovan, 29, was inspired to make radical changes to her spending habits in order to buy her own flat in east London.
The offer is causing a lot of excitement online - and we can see why