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
Energy markets have seen wild swings since the US and Israel attacked Iran on 28 February.
The BBC has found a pattern of spikes in trades ahead of public announcements by the US president.
Major lenders make rate reductions as markets take some heart from a possible truce in the Iran war.
Last year, the highest proportion of men aged 20-34 were still living at home since at least 2007 as the rising cost of living takes hold.
Brent crude sinks by a tenth after Iran says the key waterway is open for commercial ships for the rest of the ceasefire.