A recent survey has highlighted the frightening vulnerability of UK firms to illness and death. Clare Harrop outlines the extent of the business protection market.
There is much talk of the ‘gap’ that currently exists in the personal protection market. Significant energy and resource has been focused on how advisers can close it by providing adequate cover to individuals. The importance of ensuring individuals are able to weather such storms as redundancy or critical illness is perhaps even more vital for advisers, given the nature of the current recession and the outlook for our economy. An area which can be overlooked but which is crucial to UK companies and their overall health is that of business protection. It will be no surprise to hear that...
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