MWS Financial Advisers Limited is authorised and regulated by the Financial Conduct Authority.

Financial Conduct Authority number 458676.

Where you have a complaint or dispute with us and we are unable to resolve this to your satisfaction, we are obliged to offer you the Financial ombudsman Service to help resolve this. Please see the following link for further details: http://financial-ombudsman.org.uk

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Business Protection

Research from Legal & General shows that if a key person died or became critically ill, four out of ten businesses would cease trading within a year. If you are a small business, such a loss is likely to have a much greater impact than it would on a larger organization. There will be fewer people to pick up the pieces and ensure everything continues to run smoothly: most smaller operations don’t have specialist finance departments, HR teams or legal departments to help them through hard times. Despite the risks, it is smaller companies that are least likely to have business protection insurance in place, yet these are the very businesses who may be in most need of this protection.

"50% of businesses have no specific arrangements if a shareholder dies"

"Only 18% of businesses have any insurance to cover key people"

"69% of businesses have never heard of a relevant life plan"

"Only 20% of businesses use an insurance policy as security to protect their business loans. 33% of businesses have a debt of between £50,000 and £250,000".

There are four types of business protection that can be offered to make sure that problems that can arise, are dealt with and more easily managed:

KEY PERSONS PROTECTION

BUSINESS LOAN PROTECTION

SHARE PROTECTION

RELEVANT LIFE PLANS

MWS can review your current policies and advise on policies that can be taken out to make sure that your business is protected. If you would like anymore information or would like to request a meeting to discuss your business protection needs, please contact us.