Safeguard your Business
Much like your life, your business needs a strong, structured financial plan. Wilcocks & Wilcocks is an independent family-run company and we understand the demands of running your own business. When you invest with us, we can help to reduce the financial concerns and burden of business insurance planning to help give you peace of mind.
Is your business set up for success?
Business insurance advice from Wilcocks & Wilcocks will consist of a full assessment and analysis of your current plan so that we can highlight any areas for concern, from the possibilities of insufficient insurance cover or a lack of adequate shareholder protection.
Martin and Robert will discuss with you what your business aims are and research on your behalf the best solutions to put in place to help you reach them. This way, you can concentrate on growing and developing your business in the knowledge that your business is set for success. We make it our priority to inform you of all updates, developments and recommendations in real-time, so that you are never left in the dark when it comes to your business finances.
We understand how important it is to ensure that the business you’ve worked so hard to build is protected, because we have done the same thing with our own. With business insurance provided by Wilcocks & Wilcocks, you are getting advice from people who understand the nature of an independent business.
Whether you’re based in London, Liverpool or anywhere across the UK, please contact us today to arrange your personal consultation on business insurance. We’re here to help. Call 0845 200 4041 or fill in our online contact form.
Shareholder protection insurance
Do you have shareholder protection insurance in place for your business? With over 25 years’ worth of experience in the industry, Martin and Robert Wilcocks are in the perfect position to offer their expert advice.
Shareholder protection insurance is a plan or contract which outlines what exactly would happen if a shareholder of your company is no longer able to participate in running the business. There are many reasons this may become the case, from illness, injury or even death. With the right plan in place, the remaining shareholders can use a payment from the insurance policy to buy out the absentee’s shares at an agreed price. This will mean your business is secured if the worst should ever happen.
Relevant life insurance policies
It’s very common for businesses to have ‘relevant life’ insurance policies in order to provide death-in-service benefits to their team members and staff in their work contracts. This means that in the worst case scenario, both your staff and business are protected in a tax-efficient way.
Key person insurance
If your business is too heavily dependent on one person’s knowledge or expertise, your company could be at risk if that individual was no longer around. It’s important to have an insurance plan in place to reduce the financial effects of losing a key person. This can include the income that person has generated or the costs of hiring and training a new member of staff to replace them. This business tool is integral to keeping your business running smoothly in the event of losing a key member of your operation.
Safeguard your business against every possible scenario
If you would like to arrange your consultation with Wilcocks & Wilcocks and start to receive bespoke advice on business protection, please get in touch today. We work with businesses across Liverpool, London and throughout the UK. We’ll be happy to answer your questions and provide further information on this essential topic.