Business Protection

Richard Kateley says the gender gap is still alive and well when it comes to business protection, and urges financial advisers to rethink their approach.

SMEs are nearly three times as likely to ask friends or family for advice when setting up their business than consult a financial adviser, research from Aviva has found.

Legal & General (L&G) has launched three CII accredited training videos to explain business protection to advisers.

Legal & General's Richard Kateley urges advisers to first consider their own business protection needs as a starting point before offering plans to clients.

Legal & General has revealed that 40% of small businesses would cease trading within a year of losing a key employee or owner yet 60% do not have business protection in place.

F&TRC has added a range of business protection products to its Quality Analyser adviser research tool including Relevant Life.

SMEs are facing ‘significant business risks' by partnering with suppliers not covered against the loss of a key employee, Zurich has warned.

Legal & General (L&G) has gained Chartered Insurance Institute (CII) Continuing Professional Development (CPD) accreditation on its business protection workshops for advisers.

PruProtect has launched a business protection risk calculator as it believes this insurance is becoming a 'core area' for advisers.

Aegon UK has launched a "Price Pledge" campaign, for advisers with large sum assured clients.