Business Protection Critical Illness with Term Assurance
Business Protection Critical Illness with Term Assurance covers you or your business against the financial impact of death, terminal illness - where life expectancy is less than 12 months, or critical illness (the suffering of, or undergoing of, one of the specified critical illnesses or operations), during the term of the policy, typically up to your preferred retirement age. Business Protection Critical Illness with Term Assurance can be taken out to protect a business from the death, terminal illness or critical illness of a key person, for shareholder or partnership protection or for business loan protection. If the sum paid out under Business Protection Critical Illness with Term Assurance forms part of your estate, it may not be free of inheritance tax. Cover held by the trustees of a trust should not normally form part of the estate for Inheritance Tax purposes.
Business Protection Critical Illness with Term Assurance covers you or your business against the financial impact of death, terminal illness - where life expectancy is less than 12 months, or critical illness (the suffering of, or undergoing of, one of the specified critical illnesses or operations), during the term of the policy, typically up to your preferred retirement age. Business Protection Critical Illness with Term Assurance can be taken out to protect a business from the death, terminal illness or critical illness of a key person, for shareholder or partnership protection or for business loan protection. If the sum paid out under Business Protection Critical Illness with Term Assurance forms part of your estate, it may not be free of inheritance tax. Cover held by the trustees of a trust should not normally form part of the estate for Inheritance Tax purposes.
Business Protection Critical Illness with Term Assurance eligibility
Typically Business Protection Critical Illness with Term Assurance is available to businesses registered in the United Kingdom and can only provide cover in respect of British citizens or those resident in the United Kingdom, aged 17 up to and including 75.
Many employers choose to set up Relevant Life Cover as a multiple of salary, in a similar way as a group death in service scheme.
Typically Business Protection Critical Illness with Term Assurance is available to businesses registered in the United Kingdom and can only provide cover in respect of British citizens or those resident in the United Kingdom, aged 17 up to and including 75.
Many employers choose to set up Relevant Life Cover as a multiple of salary, in a similar way as a group death in service scheme.
Make an enquiry
For any enquiries about Business Protection Critical Illness with Term Assurance: • call 01189 291313 • CLICK HERE TO MAKE AN ENQUIRY
For any enquiries about Business Protection Critical Illness with Term Assurance: • call 01189 291313 • CLICK HERE TO MAKE AN ENQUIRY
CONTACT US TODAY OR CALL 01189 291313 FOR MORE DETAILS.
Contact UsImportant Disclaimers
AR disclosure
IQ Financial Solutions Limited is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority.
Limited company
IQ Financial Solutions Limited are registered in England and Wales / or Scotland. Registered No: 08248919 Registered Office: Gautam House, 1-3 Shenley Avenue, Ruislip Manor, Middlesex, HA4 6BP
Jurisdictional statement
The guidance and/or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK
Mortgage risk
Your home may be repossessed if you do not keep up repayments on your mortgage