Lutine, the niche and specialist life division of Ryan Direct Group, is launching a new business protection product to help businesses to protect themselves from the financial impact of losing a key talent, an executive or business partner due to illness, injury or death.
Facts about the policy, called 'Executive Protection', are as follows: Up to £5million lump sum compensation per executive for life, permanent total disability and £1million critical illness. Monthly Income protection up to 75% of salary Comprehensive cover can be provided in one policy Offers flexibility of product purchase; a menu style proposal form makes it easy to tailor the cover to suit each client Clients can choose from a wide range of benefits, cover levels and waiting periods Cover is available for 1 to 5 years Andy Coles, development director for Lutine, said...
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