Also known as ‘key man insurance’, this can compensate a business for financial losses arising from the death, or extended incapacity, of a specified employee or director.
This can provide a business partnership with the funds to ‘buy out’ or compensate the deceased’s dependants, should a business partner die.
A Relevant Life Plan is a death-in-service benefit taken out by a company on behalf of an employee.
In the interests of financial security, business stability and continuity, it is essential to provide a safety net following the loss of a shareholder.
UK News
Under the agreement, the key Strait of Hormuz waterway will be reopened, US President Donald Trump said.
Lower social tariffs allow many people on benefits to get cheaper deals for water, broadband and phone.
On average, nearly eight cases of fraud in which money is stolen are reported in the UK every minute.
UK drivers have taken a shine to the SUV but could the fate of the convertible be reversed?
The new target hasn't yet been decided, with different numbers under consideration, the BBC understands.