SPO RTS ROUNDUP
individual protection, please click here to download your free guide. Business Protection If you are a business owner and you pass away or are unable to work for an extended period, it could seriously affect the revenue of your business. This could affect your business’s profits, ability to pay debts and meet ongoing costs. It could result in the loss of clients, and loss of confidence from suppliers and lenders. This could seriously affect your dependents if they rely on your income. These problems can usually be avoided if you have the right insurance, but you need advice about setting up policies depending on the sort of business you have. We can help you get the most appropriate insurance depending on the sum insured, the terms of cover, your age, and health. If you have a team and any of your key employees were no longer able to work due to death or serious injury, it could affect your business revenue and profitability If you are a shareholder or a partner in a business, you should make arrangements in case one of you were to pass away. If you don’t, your business will
be subject to inheritance law, which could mean your partners can’t carry on trading and your family might not receive compensation. Life policies for each business owner would result in a tax-free lump sum to be paid out if one of them were to pass away, which could be used to buy and run the business. This means the other partners could continue to run the business and … … the family of the deceased would receive the proceeds of the sale. Even if the business is to pass to a family member without payment, there might still be a need to have life insurance held in trust to compensate other members of the family. And if the business is to pass to other partners without payment, life insurance in trust is usually required to compensate the family. If you’d like to find out more information about business protection, please click here to download your free guide. No-one wants to think about what might happen if they were to pass away, have a serious injury or accident, or if their property was damaged through loss, theft or fire, but taking some time to make arrangements now will protect your family, estate and business if the worst happens. Contact us for more information tailored to your circumstances.
SPORTS ROUNDUP Anyone for Socially Distanced sport? Domestic competitive sport behind closed doors began from this month, for the first time since mid-March.
Upcoming events in June include: 17 June – Premier League restarts The coronavirus pandemic has resulted in numerous postponements and cancellations
It is up to individual sports to assess the risk, and consult athletes, coaches and support staff. Horse racing and snooker resumed competitive action from early June , while the Premier League restarts on 17 June. However, during a period when positive test results and death due to COVID-19 are still very much the reality, is this too much too soon? With second highest number of deaths in the world and the second highest death rate due to COVID-19, everyone would surely understand if we were more cautious than our European counterparts in re-opening. Have we collectively lost patience and care less about the consequences?
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