Having worked so hard to make your business a success, it would be disastrous for it to fail because of a basic oversight, such as inadequate protection.
Who will own your business if a director/partner dies, retires or suffers a critical illness?
Have you made provision to ensure you remain in control of the business? Is your provision adequate?
Has your business increased in value but your protection remained the same?
Insurer competition has resulted in premium rates falling. Are you paying a competitive premium?
