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.
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
Sir Wyn Williams to release the first part of his findings after a long-running inquiry.
There has been concern that non-disclosure agreements have been used to silence those in workplaces suffering harassment.
Consultancy firm Interpath confirmed that it had been appointed as administrators by maternity brand Seraphine.
Trump says the US will impose a raft of levies after pausing his Liberation Day tariffs.
Lithuania has a promising space tech sector, but it wants more government support.