Business Protection from Friends Life
|
|
- Ralf Phelps
- 7 years ago
- Views:
Transcription
1 For customer use Friends Life Individual Protection Business Protection from Friends Life Who cares about protecting the value of your business? We care.
2 Value your business You are likely to have taken measures to protect your business against fire and theft and also put plans in place to ensure the future growth of your company, but what steps have you taken to cover the loss of arguably your most important assets yourself and your key personnel? Friends Life Individual Protection provides a comprehensive business protection plan designed to reduce the financial impact if someone key to your business dies, is diagnosed with or suffers from a critical illness. How well is your business protected? The financial impact following the death or critical illness of key individuals can put your business at risk. These events often occur when least expected and can cause: loss of profit interruption to cashflow disruptions to loan repayment changes in shareholder control. In some instances the financial burden could be so great that the business is unable to continue. The concept of business protection is to put in place arrangements that help ensure necessary funds become available if those key to your business die, or suffer from or are diagnosed with a critical illness during the term of the policy. These funds can be provided through the use of appropriate life cover. Inflation will reduce the value of money you receive in the future. To ensure your cover meets your needs regularly review your plan with your financial adviser. The Friends Life Individual Protection Business Protection Plan offers life cover which pays a cash sum on the death of the chosen life assured during the term of the policy. You can also include critical illness benefit that pays out a cash sum on the diagnosis of a critical illness that meets our policy definition. You have a choice of level or decreasing cover. Please note the policy has no cash value. Our Business protection cover has been specifically designed for the following situations: partnership or shareholder protection keyperson protection business loan protection. 2
3 Value your Partner(s) or Shareholders Partnership/Shareholder Protection How will it benefit your business? If you are a business partner or a shareholding company director, your share in the business is likely to be one of your most valuable assets. What would happen if you were to die? Would the surviving partners/directors have easy access to funds to purchase your share of the business from your estate? Would those who inherit your estate want to involve themselves in the business? Would they be able to sell their share? What if you were diagnosed with a critical illness? If you wished to retire from the business who would be able to provide the funds to purchase your share? Partnership or shareholder protection can offer solutions to these potential problems, by combining a means to provide the necessary funds with a legal agreement that ensures those funds end up in the right hands. Example John Robinson is one of the three shareholding directors of a glazing company. The company is worth 900,000 and each director owns a third of the shares in the business. Unfortunately John dies in a car crash. With shareholder protection in place John and his co-directors had taken advice from their financial adviser and put in place a shareholder protection arrangement. Each director had taken out life cover of 300,000 and placed it under trust for the benefit of their co-directors. Their solicitor had also updated the articles of association to ensure that a deceased director s shareholding could be purchased from their estate. On John s death, his life cover paid out 300,000 to the trust. The trustees passed this to the two surviving directors who then purchased John s shareholding from his family who had no desire to become personally involved with the business. The money helped them at this difficult time. The two co-directors were able to retain control of their business and each now owned 50% of the shares. Without shareholder protection If the three directors had made no arrangements then, on John s death, they would need to raise 300,000 to finance the purchase of his shares. Without sufficient personal funds, they might have to take a loan. If a lender was unwilling to give a loan then the share purchase would not be possible. A third of the company would remain in the ownership of John s family. They may not want involvement in the business and may prefer the 300,000 following the death of John. Partnership or shareholder protection can help your business reduce the financial burden resulting from death or critical illness of key personnel. 3
4 Value your Key People Key person Protection How will it benefit your business? Most businesses have an individual who is key to the success and profitability of the business, a key person. The death or critical illness of a key person can financially impact your business in the following ways: the costs of recruiting and training a replacement a loss of sales and new contracts a loss of confidence in the business additional pressure on senior personnel covering the key person, possibly causing some staff to leave. Key person protection can provide funds to help your business cover the financial impact of the death or critical illness of your key person. These funds would be yours to use, as you consider appropriate, for the benefit of your business. Example Sally Wilson is head of sales for a graphics studio, Expose Ltd. She has a wealth of sales experience, a good reputation with all the company s customers and unrivalled negotiating skills. She is key to the business and receives a very generous salary in recognition of this. Unfortunately, Sally suffers a stroke that leaves her severely paralysed and unable to return to work. With key person protection in place Two years ago Expose Ltd had taken out life cover with critical illness benefit included. It would pay the company 500,000, equivalent to five times Sally s gross salary, if she died or suffered a critical illness. The policy was for a term of five years. Sally s condition was one covered by the policy s definition of critical illnesses, so the company was able to claim payment of the 500,000 sum assured. Expose Ltd could now use this money to headhunt a suitable replacement for Sally and finance other initiatives designed to minimise any fall in profits resulting from her disability. Key person protection can give you the financial resources to help deal with the loss of a key worker. Without key person protection If Expose Ltd had made no arrangements, then in order to meet all the extra costs resulting from Sally s disability, they may have to self-finance or incur extra debt. Either method would be likely to put additional strain on the company s finances. The company may find it difficult to recover and could even be forced into liquidation. The likelihood of your business being impacted may be higher than you think. The table below highlights the probability of at least one male keyperson dying before reaching the age of 65. Average age of the key persons Probability of 1 key person dying Probability of 1 in 2 key Probability of 1 in 3 key Probability of 1 in 4 key Probability of 1 in 5 key 30 14% 25% 36% 44% 52% 35 13% 25% 35% 43% 51% 40 13% 24% 33% 42% 49% 45 12% 22% 31% 39% 46% 50 10% 20% 28% 36% 42% 55 8% 16% 23% 30% 36% 60 5% 10% 15% 19% 24% Calculated from UK National Statistics interim life tables (for males) 4
5 Value your Financial Commitments Business Loan Protection How will it benefit your business? There are many reasons why a business may require cash, in the form of a loan, for example to: buy stock finance the cost of new equipment purchase new premises meet product development costs recruit a new sales team. Where a business has obtained a loan, it must consider not only how to meet any ongoing repayments but also how to finance full repayment should the lender call-in the loan prematurely. A commercial lender will often make a business loan subject to repayment on the death of a certain, often key, individual. Alternatively, if finance has come from a director s loan account, and the director were to die, then their estate may demand repayment of the outstanding loan. Business loan protection can provide a business with a cash sum that can be used to help repay a loan on the death or, if required, earlier critical illness of a specific employee. Example Simon Brown is the managing director of an engineering company. He needs to raise 600,000 to purchase new specialised equipment. HBIZ Bank are willing to lend this sum to the company over ten years on an interest-only basis. The bank stipulate that the loan would have to be repaid immediately if Simon, the key figure and driving force of the business, were to die within this period. The loan was made and used to buy the new equipment. Eighteen months later, Simon dies suddenly from a heart attack and HBIZ called in the loan. With business loan protection in place The company was able to guarantee sufficient funds to repay the loan, on Simon s death, by taking out life cover of 600,000 over a term of ten years. The company claimed the 600,000 and repaid HBIZ Bank in full. Without business loan protection The company must repay the loan on Simon s death using finance from its own resources. Unfortunately, they don t have the available funds to repay 600,000 and cannot get a further loan, due to the loss of their inspirational leader, Simon. Their only method of raising the necessary capital is to sell a number of the company s assets. This may be below their market value, and could mean restructuring and downsizing the business. Business loan protection can help cover the loans of the business following the loss of key people. 5
6 Value Friends Life s Business Protection Plan Friends Life is with you every step of the way. Why choose Friends Life Individual Protection for your business protection needs? the ability to increase the amount of cover when the value of your business, loan or keyperson increases, without any further medical underwriting, subject to certain conditions. interim Life Cover available during the application process. Up to 500,000, maximum age of life/lives assured 55. Please see the our Accidental death benefit cover for more information. the option of decreasing cover critical Illness cover if you choose this cover it will provide a cash sum, if during the cover term a life assured is diagnosed with one of a defined list of critical illnesses. Applying is easy We have developed our application process to be as straightforward as possible while providing a consistent and fair approach to all our customers. Your adviser can apply online, using our tele-interviewing service or by paper. Making a Claim Friends Life Individual Protection will give you all the help we can to ensure we pay your claim and help you through the difficult times. We believe in treating you as an individual and recognise that in the event of a claim it can be a very stressful time for you, your business, or your family. That s why we continue to enhance our claims service to support you in your time of need. You will be provided with a direct line to our claims department where you will receive a highly personalised service based on your individual needs. Speak to your financial adviser for more information. Friends Life Limited is authorised and regulated by the Financial Services Authority, register number Friends Life Limited is an incorporated company limited by shares and registered in England and Wales number Registered Office: Pixham End, Dorking, Surrey RH4 1QA. Friends Life is a registered trade mark of the Friends Life group. PBHA/PNSA107/DEC11 UNI 79792
AIG Life. Business Protection Customer guide
AIG Life Business Protection Customer guide Introduction You may have already taken steps to protect your business against major catastrophes and put together a business continuity plan to ensure its future
More informationFriends Life Business Protection
This item is directed at professional financial advisers only and it should not be distributed to, or relied upon, by retail customers Protection Account Friends Life Business Protection The benefits for
More informationThe business case for business protection
For adviser use only. Not approved for use with customers. Business Life Insurance Options The business case for business protection Retirement Investments Insurance Health Retirement Investments Insurance
More informationBUSINESS PROTECTION ASSURANCE KEY FEATURES
seeing retirement differently seeing retirement differently BUSINESS PROTECTION ASSURANCE CELEBRATING CELEBRATING YEARS sin ce 1 9 9 5 YEARS sin ce 1 9 9 5 The Financial Conduct Authority is a financial
More informationKeyperson Insurance KEEPING IT ALL GOING. A Guide to Keyperson Insurance
Keyperson Insurance KEEPING IT ALL GOING A Guide to Keyperson Insurance INTRODUCING ROYAL LONDON Ever since we started as a Friendly Society over 150 years ago, at Royal London we ve believed that our
More informationFriends Life Protection Account Key features of Life Cover
Protection Friends Life Protection Account Key features of Life Cover Why is this document important? The Financial Services Authority is the independent financial services regulator. It requires us, Friends
More informationKEY PERSON PROTECTION
KEY PERSON PROTECTION INTRODUCTION A company or partnership may have individuals who are crucial to their business. Their loss, whether through death or critical illness, could have a damaging effect in
More information"The Choice is Elementary"
"The Choice is Elementary" ROTECTING YOUR BUSINESS Business Insurance Why you can t wait No one wants to think about the what if s but if you are a partner in a successful business, the what if s can t
More informationtap into the BUsiness protection market.
BUsiness protection research tap into the BUsiness protection market. Most businesses have key individuals that are essential to it s survival. In fact our research with the Institute of Directors shows
More informationRecommended for review. Understanding Business Insurance. Understanding Investment Concepts
Recommended for review o Understanding Business Insurance Understanding Investment Concepts Page 1 Understanding Business Insurance Version 1.0 Preparation Date: 1 st July 2009 This document has been published
More informationGO ON? WORST CASE SCENARIO: COULD YOUR BUSINESS. Get the facts. thomasheald. Business Protection For SMEs:
WORST CASE SCENARIO: COULD YOUR BUSINESS GO ON? Business Protection For SMEs: Get the facts. Who needs it What the risks are How it works Why it s important Dear Reader, Recent research published by Legal
More informationDECREASING TERM ASSURANCE KEY FEATURES
seeing retirement differently seeing retirement differently DECREASING TERM ASSURANCE CELEBRATING CELEBRATING YEARS sin ce 1 9 9 5 YEARS sin ce 1 9 9 5 The Financial Conduct Authority is a financial service
More informationKey person insurance
Key person insurance KEY PERSON INSURANCE Most businesses and other organisations have people whose departure could have a serious financial impact on the business. Naturally, this includes the business
More informationMortgage Life Insurance
Mortgage Life Insurance Moving with your mortgage In association with Welcome to Norwich Union YOUR MOVE s relationship with Norwich Union means we re able to offer you all the protection you need when
More informationRemortgaging guide 1. Remortgaging guide. We re with you every step of the way
Remortgaging guide 1 Remortgaging guide We re with you every step of the way Remortgaging guide 2 With so many different mortgages out there to choose from, deciding which one is best for you can be a
More informationCase Study 2 Protection Planner
Case Study 2 Protection Planner Objectives Anthony and Alan are keen to implement some form of succession planning for their business because neither of them have children nor any obvious management successors.
More informationEquity Release Guide. Helping you make the right decision. nationwide service all lenders available personal visits. www.therightequityrelease.co.
Equity Release Guide 0800 612 5749 www.therightequityrelease.co.uk Helping you make the right decision nationwide service all lenders available personal visits 1 Welcome to The Right Equity Release Who
More informationProtecting your lifestyle and your wealth
Protecting your lifestyle and your wealth Life assurance Critical illness cover Income protection Key person and partnership protection Over 30 years experience providing independent pension advice to
More informationHELPING YOU PROTECT THE LONG-TERM FUTURE OF YOUR BUSINESS PROTECTING YOUR LIMITED COMPANY
HELPING YOU PROTECT THE LONG-TERM FUTURE OF YOUR BUSINESS PROTECTING YOUR LIMITED COMPANY PROTECTING YOUR LIMITED COMPANY Successful companies tend to devote a significant amount of their time to planning
More informationWelcome to Aspire. Expert financial advice for you
Welcome to Aspire Expert financial advice for you Welcome to Aspire At Aspire we have one goal in mind to give you the financial advice you need and complete peace of mind that your finances are in the
More informationEquity Release your essential guide
Equity Release your essential guide Welcome This guide has been put together to explain equity release, what it means and the options it can offer. We aim to give you as broad an overview as possible and
More informationYour retirement could have even more going for it
Your retirement could have even more going for it A straightforward guide to equity release For no obligation advice: call 0800 015 0993 www.justretirementsolutions.com Contents Imagine what you could
More informationCOCKBURN LUCAS INDEPENDENT FINANCIAL CONSULTING. A Guide to. Business Protection. Protecting the key people who are driving your business forward
COCKBURN LUCAS INDEPENDENT FINANCIAL CONSULTING A Guide to Business Protection Protecting the key people who are driving your business forward A Guide to Business Protection Protecting the key people who
More informationENHANCED LIFETIME MORTGAGE PRODUCT BROCHURE
seeing retirement differently seeing retirement differently ENHANCED LIFETIME MORTGAGE CELEBRATING CELEBRATING YEARS sin ce 1 9 9 5 YEARS sin ce 1 9 9 5 WHAT IS THE PURPOSE OF THIS DOCUMENT? This document
More informationFinancial Foundations Customer guide. Life cover Critical illness cover Permanent disability cover Elderly care cover Income protection cover
Financial Foundations Customer guide Life cover Critical illness cover Permanent disability cover Elderly care cover Income protection cover Introducing Financial Foundations At Lincoln we are in the business
More informationBusiness succession planning
KEY GUIDE Business succession planning When disaster strikes What happens to a business if its owner or co-owner dies or falls seriously ill? Much will depend on the type of business sole trader, partnership
More informationKEEPING YOU ON COURSE. Business Protection. corporate co-director insurance
KEEPING YOU ON COURSE Business Protection corporate co-director insurance You can remain in control even when the unexpected strikes. Introduction On death the shares of a deceased director form part of
More informationThe Personal Range Key Features of the Individual Personal Pension
The Personal Range Key Features of the Individual Personal Pension Reference MPEN11/A 04.16 The Financial Conduct Authority is a financial services regulator. It requires us, Friends Life and Pensions
More informationWealth protection for Australian Small and Medium Business Owners
Wealth protection for Australian Small and Medium Business Owners Unexpected issues In business life, as in daily life, unexpected issues can and do occur. Business owners can be temporarily or permanently
More informationA Guide to Business Protection
A Guide to Business Protection Business protection is simply life assurance - and in some cases critical illness cover - written on the life of key people, partners or shareholders. This protects the business
More informationFlexible Lifetime Mortgage Product Summary
Flexible Lifetime Mortgage Product Summary The Flexible Lifetime Mortgage provides you with an initial cash sum in the form of a mortgage loan. A legal charge is secured on your home. For as long as you
More informationINVESTMENT BOND INCOME AND GROWTH, ALL IN ONE BOND
INVESTMENT BOND INCOME AND GROWTH, ALL IN ONE BOND PAGE 1 INVESTING GROWTH, INCOME OR A COMBINATION OF THE TWO? WHAT IS A BOND? THE INVESTMENT BOND AT A GLANCE PAGE 2 FINDING A BALANCE INVESTING FOR GROWTH
More informationRetirement Mortgage Product summary
Retirement Mortgage Product summary The Retirement Mortgage from Hodge Lifetime provides you with a flexible way to borrow money in retirement. A legal charge is secured on your home. AIMS The Retirement
More informationKEY PERSON INSURANCE
KEY PERSON INSURANCE 1. WHAT IS KEY PERSON INSURANCE?... 2 2. THE NEED FOR KEY PERSON INSURANCE... 2 3. TYPES OF KEY PERSON INSURANCE... 2 3.1 Personal Accident Insurance... 3 3.2 Life Assurance... 3 3.2.1
More informationMortgage Concepts Associates. Innovative & Independent Mortgage Advice. Guide to Mortgage Services
Mortgage Concepts Associates Innovative & Independent Mortgage Advice Guide to Mortgage Services Mortgage Concepts Associates offer independent and innovative solutions to all of your mortgage requirements.
More informationright up your street.
buy to let landlords guide right up your street. More and more people are renting. As a landlord you ve got enough to think about, without worrying if you ve made the right financial choices. Our advisers
More informationFill this white space with an image.
Business Protection Safeguarding your clients futures Mark Reilly Aviva Life & Pensions Fill this white space with an image. Introduction Presenting the case for Keyperson, Co-Director s and Partnership
More informationFor customers Friends Life Individual Protection. Guide for trustees. Who cares if you know what your responsibilities as a trustee are? We care.
For customers Friends Life Individual Protection Guide for trustees Who cares if you know what your responsibilities as a trustee are? We care. You have been chosen as a trustee of a trust that has been
More informationplain talk about life insurance The right life insurance can have an enormous effect on your life and the lives of those you love.
plain talk about life insurance The right life insurance can have an enormous effect on your life and the lives of those you love. Thinking about life insurance? You re not alone. Canadians generally agree
More informationDeferred Payment Agreement (DPA) Fact Sheet
Deferred Payment Agreement (DPA) Fact Sheet From April 2015, all councils in England are required to provide a Deferred Payment scheme for local residents. This will apply to anyone who owns a property
More informationLIFE INSURANCE-BASED STRATEGIES TO HELP ATTRACT TALENT AND PROTECT YOUR BUSINESS. Key Person Coverage
LIFE INSURANCE-BASED STRATEGIES TO HELP ATTRACT TALENT AND PROTECT YOUR BUSINESS Key Person Coverage 0191032-00006-00 Ed. 10/2014 Exp. 04/02/2016 KEY PERSON COVERAGE Taking Care of Business Insuring key
More informationKEY GUIDE. Financial protection for you and your family
KEY GUIDE Financial protection for you and your family Protecting what matters most Life and health insurance protection underpins most good financial planning. These types of insurance can ensure that
More informationAll you need to know about the. Seniors Money Lifetime Loan. Information for you, your family and your advisers
All you need to know about the Seniors Money Lifetime Loan Information for you, your family and your advisers 1 Contents This brochure from Ireland s only specialist Lifetime Mortgage provider highlights
More informationBusiness insurance and succession planning
Business insurance and succession planning BUSINESS INSURANCE AND SUCCESSION PLANNING Owning a business can be a very rewarding experience. But what happens if a business owner dies or falls seriously
More informationIn safe hands. Business protection for sole traders
In safe hands Business protection for sole traders How secure is your financial future? As a sole trader the success of your business depends on you your skills, your judgement, your drive. In turn you
More informationYour Business. Protecting your Business
Protecting your Business Your Business No matter what business sector you operate in, your company s ongoing success and development will often hinge on a number of leading individuals, be they Key Personnel,
More informationBusiness Protection Adviser Guide. Business Protection doesn t have to be hard
Business Protection Adviser Guide Business Protection doesn t have to be hard Contents Market opportunities Different business types and the protection needs they may have Building your business Identifying
More informationA Guide to Equity Release in Retirement
A Guide to Equity Release in Retirement 1. Introduction For the retirement you deserve 2. What is Equity Release? 3. Equity Release Plans The options available to you 4. The Application Process 5. Questions
More informationFREQUENTLY ASKED QUESTIONS BUSINESS CONTINUATION. When should a business and its owners consider buying insurance on its key employees?
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA BUSINESS STRATEGIES Key Person Life Insurance FREQUENTLY ASKED QUESTIONS BUSINESS CONTINUATION When should a business and its owners consider buying insurance
More informationTHE GUIDE TO KEEPING YOU AND YOUR BUSINESS COVERED
THE GUIDE TO KEEPING YOU AND YOUR BUSINESS COVERED New Zealand s leading life insurer Sovereign has been a part of New Zealanders lives since 1989, and today provides life and health insurance, home loan,
More informationZurich Insurance Middle East S.A.L. Commercial Insurance to protect your business
Zurich Insurance Middle East S.A.L Commercial Insurance to protect your business 2 Each business is unique and understanding your needs is at the heart of what we do. We appreciate that one size doesn
More informationA warm welcome to the first edition of the Ashtree Financial Services Newsletter.
Ashtree Financial Services is part of the Autoline Insurance Group OCTOBER 2011 Ashtree Financial Newsletter - Issue 1 A warm welcome to the first edition of the Ashtree Financial Services Newsletter.
More informationA guide to inheritance tax
Sept 2014 Contents: 1. Understanding inheritance tax page 02 more 2. Should I be worried about inheritance tax? page 03 more 3. Inheritance tax planning page 05 more 4. Using gifts page 07 more 5. Using
More informationThough not a pleasant thought it's important to think about this: when you die, who will you leave behind?
Personal insurance There are many risks you face during your lifetime, but the most serious ones you will face are death, disability, serious illness and/ or medical intervention (surgery). These can happen
More informationAIG Life. Business Protection. Adviser guide
AIG Life Business Protection Adviser guide Contents Page Why a business needs protecting 4 Key person protection 6 Business loan protection 10 Share purchase protection 12 Partnership protection 19 Appendix
More informationInsurance and estate planning. A Financial Planning Technical Guide
Insurance and estate planning A Financial Planning Technical Guide 2 Insurance and estate planning Introduction 4 General insurance 4 Private health insurance 4 Personal insurance 5 Business insurance
More informationInsurance for business
Insurance for business This advice has been prepared without taking account of your objectives, financial situation or needs. Because of that, before acting on the advice, you should consider the appropriateness
More informationEquity Release Guide
A Refreshing Approach to Equity Release Equity Release Guide Are you thinking of Equity Release? Choose The Right Equity Release Nationwide Service All Lenders Available Personal Visits What is Equity
More informationWelcome to. OneFamily
OneFamily Lifetime Mortgages 1 Welcome to OneFamily Welcome to our OneFamily Lifetime Mortgages. This brochure acts as an easyto-digest introduction to lifetime mortgages and provides you with a summary
More informationSelf Assurance. Your simple guide to protection
Self Assurance Your simple guide to protection Your simple guide to protection Peace of mind for you and your family None of us really knows what the future has in store, but like millions of other people
More informationThe Help to Buy: equity loan scheme What you need to know before you go ahead
Page 1 of 5 The Help to Buy: equity loan scheme What you need to know before you go ahead What is the Help to Buy: equity loan scheme? The Help to Buy: equity loan scheme is a Government backed programme
More informationSHARE PROTECTION TECHNICAL GUIDE YOUR GUIDE TO SHARE PROTECTION.
SHARE PROTECTION TECHNICAL GUIDE YOUR GUIDE TO SHARE PROTECTION. CONTENTS INTRODUCTION YOUR GUIDE TO SHARE PROTECTION HOW THE AGREEMENT OPERATES WHAT ARE THE main TAXATION EFFECTS ON THE ARRANGEMENT? OTHER
More informationNew Pension Arrangements for Staff in Grades 1 to 5 Information for Active PAS members
New Pension Arrangements for Staff in Grades 1 to 5 Information for Active PAS members Gary Hague, Finance Office Steve Palmer, FriendsLife SPECIAL Introduction Following the recent consultation exercise
More informationA Financial Planning Technical Guide
Insurance and Estate Planning A Financial Planning Technical Guide Securitor Financial Group Limited ABN 48 009 189 495 AFSL 240687 Contents Introduction 1 General insurance 1 Private health insurance
More informationEnsuring your quality of life
Ensuring your quality of life Rightway Insurance Services is a personal risk insurance specialist offering Income Protection, Life, Trauma and Total and Permanent Disability insurance. Why is insurance
More informationOnshore Bond for Wrap Key Features
Onshore Bond for Wrap Key Features This is an important document. Please read it and keep it along with your personal illustration for future reference. The Financial Conduct Authority is a financial services
More informationKey facts of. AA Life Insurance. Provided by Friends Provident. AA Life Insurance
Key facts of AA Life Insurance Provided by Friends Provident AA Life Insurance AA Life Insurance AA Life Insurance is provided by Friends Provident. We, us and our in this document mean Friends Provident.
More informationUse your home to your advantage. A guide to equity release
Use your home to your advantage A guide to equity release 2 A guide to equity release Introducing Retirement Advantage Previously known as MGM Advantage and Stonehaven, we are a wellestablished company
More informationBUSINESS CASE STUDIES
BUSINESS CASE STUDIES Below you will find 2 Case Studies of 2 very different organisations. An small Advertising Firm; & a well established Construction Equipment Hire Business. Most business owners have
More informationKEEPING YOUR BUSINESS ON COURSE. Helping you protect your business. Protection Business Menu
KEEPING YOUR BUSINESS ON COURSE Helping you protect your business Protection Business Menu WHAT S INSIDE As a business owner you know what you need to make your business a success. Suitable premises, machinery
More informationA Guide to Releasing Capital from your Home
Advice for older people A Guide to Releasing Capital from your Home Advice provided by Advice for older people FirstStop Advice brings together the expertise of some of the most trusted and respected organisations
More informationWHAT IS EQUITY RELEASE? WHY CONSIDER EQUITY RELEASE?
WHAT IS EQUITY RELEASE? Equity Release can free some of the capital tied up in your home, while you continue to live there. This money can be in the form of a tax-free lump sum, a regular income or a combination
More informationLifetime Protection Plan from Standard Life Protecting you and your family
Lifetime Protection Plan from Standard Life Protecting you and your family Remember when you thought you were invincible 1 of 33 2 of 33 When was the last time you felt invincible? Contents The need for
More informationGuaranteed Whole of Life Protection. Customer Brochure
Guaranteed Whole of Life Protection Customer Brochure Contents 1. What does this policy do? 1 2. What benefits does the policy provide? 2 3. Automatic Additional benefits 3 4. Optional Benefits 4 5. What
More informationA B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Jargon Buster Contents listed alphabetically: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A Additional Voluntary Contribution (AVC) Extra payments you can make in additional to your main occupational
More informationSmart strategies for protecting business owners 2012/13
Smart strategies for protecting business owners 2012/13 What are the risks? Many business owners don t hesitate to insure physical assets such as motor vehicles, plant and equipment. However, they often
More informationA PLAN FOR EVERY BUSINESS.
BUSINESS PROTECTION GUIDE TO THE RIGHT SOLUTION A PLAN FOR EVERY BUSINESS. With 99.9% of the UK s businesses being SMEs and more than half of these having no protection in place, there s an opportunity
More informationFor advisers only. Not for use with customers Friends Life Protect+ Business Protection Technical Guide
For advisers only. Not for use with customers Friends Life Protect+ Business Protection Technical Guide Contents Introduction 03 Key Person Protection 04 What is Key Person Protection? 04 Identifying the
More informationEquity Release. A guide to our Lifetime Mortgage products
Equity Release A guide to our Lifetime Mortgage products Introducing Retirement Advantage Previously known as MGM Advantage and Stonehaven, we are a well-established company that can trace its roots back
More informationEquity Release Guide. www.seniorissues.co.uk
Equity Release Guide www.seniorissues.co.uk For more information or to speak to one of our trained advisers please telephone our Senior Issues Team on 0845 855 4411 The Caesar & Howie Group 7/3/2008 EQUITY
More informationUnderstanding mortgages
This information is an extract from the booklet Housing costs, which is part of our Financial guidance series. You may find the full booklet helpful. We can send you a free copy see page 7. Contents What
More informationBusiness Protection Guide To Business Succession For Companies
Business Protection Guide To Business Succession For Companies This technical guide details the need for business succession planning for companies, suitable solutions, and the impact and tax treatment
More information[because] your best people have unique talents + special proficiencies / technical knowledge / influential connections / [and] years of experience
14 Key Man Insurance Learn How to Protect the Value and the Profitability of Your Business More than 2 million employees between the ages of 25 and 55 die - every year and more than 2 million others are
More informationIncome Protection Cover. A fresh approach to Income Protection with 5-star cover
Income Protection Cover A fresh approach to Income Protection with 5-star cover What should Income Protection offer you? If you are unable to work because of illness, injury or disability, we believe that
More informationGet to know your options for protecting yourself and your family
Get to know your options for protecting yourself and your family LifeProtect Guide Allow us to introduce ourselves. We are Zurich. We are part of a global insurance group with Swiss roots. We are one of
More informationShareholder Protection An Advisor Guide
For Financial Advisors use only Shareholder Protection An Advisor Guide Life Advisory Services This document provides an outline of the taxation issues to be considered when you are putting together a
More informationProtecting business owners Smart strategies for 2014 2015
Protecting business owners Smart strategies for 2014 2015 Many business owners overlook the importance of insuring themselves. This guide shows how various types of insurance that are available could help
More informationCAVENDISH EQUITY RELEASE. The Essential Guide. Equity Release TRUSTED & IMPARTIAL ADVICE SINCE 1985
CAVENDISH Equity Release TRUSTED & IMPARTIAL ADVICE SINCE 1985 EQUITY RELEASE The Essential Guide INDEX Welcome to Cavendish Equity Release 3 How can Equity Release be used? 4 Why is specialist advice
More informationMORE CHOICE MORTGAGE CENTRE MORTGAGE GUIDE
MORE CHOICE MORTGAGE CENTRE MORTGAGE GUIDE All you need to know about buying and protecting your home THE FSA More Choice Financial Ltd, The Rufus Centre, Steppingley Road, Flitwick Beds MK45 1AH is authorised
More informationMortgage advice you can depend on
Our Mortgage advice you can depend on Whether buying your first home, buying to let, or remortgaging, this guide tackles the main considerations. If you want to learn more and receive advice tailored to
More informationLife Insurance. Single Premium Life Insurance
Life Insurance Life insurance provides cash for many important expenses to help survivors deal with a number of pressing financial issues after the loss of a loved one. Proceeds from a life insurance policy
More informationSOLICITORS QUALITY SPECIALIST BANKING FOR THE LEGAL SECTOR
SOLICITORS QUALITY SPECIALIST BANKING FOR THE LEGAL SECTOR Contents Choosing Lloyds Bank 1 Our switching service 2 Ways to bank 5 Simplifying payments and receipts 7 Business cards 10 Client money accounts
More informationA guide to equity release
Enjoying financial freedom in retirement: Enjoying financial freedom in retirement: A guide to equity release A guide to equity release Many people see equity release as a way to ensure a comfortable retirement.
More informationUnderstanding Business Insurance
Level 7,34 Charles St Parramatta Parramatt NSW 2150 PO Box 103 Parramatta NSW 2124 Phone: 02 9687 1966 Fax: 02 9635 3564 Web: www.carnegie.com.au Guide Build Protect Manage Wealth Understanding Business
More informationSeniors Money Ireland Limited t/a Seniors Money 60plus Loan Seniors Money is a joint venture company equally owned by IFG Group plc and Sentinel
Seniors Money Ireland Limited, Beech House, Beech Hill Office Park, Clonskeagh, Dublin 4. LoCall 1890 73 64 67 (1890 SENIOR) or email info@seniorsmoney.ie www.seniorsmoney.ie Seniors Money Ireland Limited
More informationESTATE PLANNING QUESTIONNAIRE
ESTATE PLANNING QUESTIONNAIRE Please complete this form to the best of your ability and bring it with you to our initial meeting. Your cooperation in this regard will make your appointment more productive
More informationYour Mortgage Guide. The Exchange. Property Services Mortgage Services Letting & Management Services Conveyancing Services
The Exchange Property Services Mortgage Services Letting & Management Services Conveyancing Services Your Mortgage Guide Contents: Introduction... 3 The Financial Services Authority (FCA)... 3 What is
More informationPPS Business Provider
PPS Business Provider As a business owner, you know that there are usually one or two key individuals who contribute substantially to your business. What would be the impact on your business if these specific
More informationBusiness Protection Guide To Covering Business Liabilities
Business Protection Guide To Covering Business Liabilities This technical guide details the need for protecting business liabilities, suitable solutions, and the impact and tax treatment of applying them.
More information