What would happen to your business in the event of death of your business partner / co director?
As a surviving co director, you could lose control of your business. To protect your business and avoid cash flow problems that may arise after losing the deceased’s income, you need a business cover that will give you peace of mind and help you get on with your work. Planning properly in this area is very important and will allow surviving business owners to purchase the business in full from the deceased estate. While for the deceased family they will in turn have cash available from the sale to provide for their needs at an otherwise difficult time.
For more information on protection solutions please email us at info@ckfinancials.ie or call us on 044 933 0729.