If you run a business, you know all about the risks it faces: new competitors, economic downturns and rising costs among many others.
Business protection cover is designed to protect against specific risks that would affect your ability to trade.
Two of the most valuable types of cover are key person cover and partnership insurance. Key person cover would pay your business a lump sum to help overcome any losses if an essential person died or couldn’t work due to illness. Partnership insurance offers a lump sum to cover the cost of purchasing a deceased partner’s share of the business.
By talking to an Ask Acorn financial advisor, you can learn more about how key person cover and partnership insurance can help protect your business.