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  Protecting your business Proactive Medical & Life is an Appointed Representative of Healthnet Services Ltd. Healthnet Services Ltd are authorised and regulated by the Financial Services Authority.
Protecting your business ? ?    What do you protect? Property Liability Vehicles Profits Ownership Today we will look at  why  and  how  you should protect the profits and ownership of your company
Think about as we go through today ,[object Object],[object Object],[object Object],[object Object],Work Home
Meet Dave ,[object Object],[object Object],[object Object]
What would be the impact of Dave dying? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What if a key person in your business died? ,[object Object],[object Object],[object Object],[object Object],Work Home
The solution When Dave died, the profits dropped The Company takes life cover out on Dave…and pays for it Life cover paid out on Dave’s death and replaced the lost profit Profit £
Meet the board ,[object Object],[object Object],[object Object],[object Object]
What was the impact when Sue died? ,[object Object],[object Object],[object Object],[object Object]
What if you or one of your co-business owners died? ,[object Object],[object Object],[object Object],[object Object],Work Home
The solution SUE SUE DIES LIFE COVER ON SUE IN TRUST TO BILL & JO SHARES SUE’S PARTNER SUE’S PARTNER ASKS BILL & JO TO BUY SUE’S SHARE OR BILL & JO ASK SUE’S PARTNER TO SELL THROUGH A SUITABLE AGREEMENT LIFE COVER  PAID  TO TRUSTEES   TRUSTEES PAY CASH TO  BILL & JO BILL & JO BUY SUE’S SHARE
It won’t happen to me…….. A business man has a chance of suffering a critical illness or dying before his 65th birthday 1 in 3 Source: http://www.ghfmsl.co.uk/insurance_life.php A business woman has a chance of suffering a critical illness or dying before her 65th birthday 1 in 4
Do you want to do something about it? ,[object Object],[object Object],This presentation is based on  PROACTIVE MEDICAL & LIFE  interpretation of the law and HM Revenue & Customs practice as at  16 th  December . While this interpretation is believed to be correct,  PROACTIVE MEDICAL & LIFE  can give no guarantee in this respect.

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Business Protection

  • 1. Protecting your business Proactive Medical & Life is an Appointed Representative of Healthnet Services Ltd. Healthnet Services Ltd are authorised and regulated by the Financial Services Authority.
  • 2. Protecting your business ? ?    What do you protect? Property Liability Vehicles Profits Ownership Today we will look at why and how you should protect the profits and ownership of your company
  • 3.
  • 4.
  • 5.
  • 6.
  • 7. The solution When Dave died, the profits dropped The Company takes life cover out on Dave…and pays for it Life cover paid out on Dave’s death and replaced the lost profit Profit £
  • 8.
  • 9.
  • 10.
  • 11. The solution SUE SUE DIES LIFE COVER ON SUE IN TRUST TO BILL & JO SHARES SUE’S PARTNER SUE’S PARTNER ASKS BILL & JO TO BUY SUE’S SHARE OR BILL & JO ASK SUE’S PARTNER TO SELL THROUGH A SUITABLE AGREEMENT LIFE COVER PAID TO TRUSTEES TRUSTEES PAY CASH TO BILL & JO BILL & JO BUY SUE’S SHARE
  • 12. It won’t happen to me…….. A business man has a chance of suffering a critical illness or dying before his 65th birthday 1 in 3 Source: http://www.ghfmsl.co.uk/insurance_life.php A business woman has a chance of suffering a critical illness or dying before her 65th birthday 1 in 4
  • 13.

Editor's Notes

  1. Welcome and introduction