Business Protection

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.

Munich Re UK Life has announced it will only request third party financial evidence for sums assureds of £25m or more for business protection life cases.

Aegon UK has announced improvements to the underwriting requirements for both personal and business protection.

LV= has launched its new Relevant Life Cover product on LifeQuote's Business Protection area.

PruProtect and Ageas, have launched a business protection proposition for First Complete advisers' business clients.