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Business Protection
Business
WHAT IS IT?
Business protection is the broad term for arrangements intended to reduce the financial impact of specified risks affecting a business, its owners or key people.
IN PLAIN ENGLISH
It is about understanding what could go wrong and the financial effect on the business.
SIMPLE EXAMPLE
Examples can include arrangements relating to key people, business owners, shareholder interests or income, depending on the circumstances and policy terms.
WHY DOES IT MATTER
Protection starts with identifying the financial exposure. Different types of cover address different risks and should not be treated as interchangeable.
THE ROCKET TEST
Business protection is about reducing the financial impact of specified business risks.
SEE IT IN ACTION
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