It is sensible to consider establishing protection policies in line with your business activities as well.
We can help you to answer the questions that you may have in this area:
Business protection planning is complex, and we have years of experience advising our clients how best to protection their financial interests in their businesses. Please contact us to arrange an assessment of how to protect your business assets.
Cover will cease on insurance products if premium payments are not maintained. Generally, these plans have no cash in value at any time and will cease at the end of the term. The definitions vary between product providers and will be described in the key features and policy document, if you go ahead with the plan.