26th June 2020
AIG: Business Protection: Keeping it simple
Business Protection (BP) is easy to write. No, honestly - it is.
Contrary to popular belief, writing BP doesn't require an accountancy qualification or having a deep understanding of tax. If you write individual protection, there’s no reason to not write business protection. Despite the different structures, the process is the same.
There are 5.9 million1 businesses in the UK, so the chances are you already have clients with BP needs. The opportunities to grow your business, whilst helping to protect others, are substantial.
Small businesses – least likely to have it, most likely to need it
Research shows that if a key person died or became critically ill, one in four businesses would cease trading within a year.2 Taking into account that most smaller businesses don’t have the support of finance, legal or HR departments to rely on, the need for protection is essential.
AIG make it even easier.
No two businesses are the same, so their protection needs shouldn’t be either. We offer solutions for all businesses– including limited companies, sole traders, partnerships and limited liability partnerships (LLPs).
Find out how we can help open up a whole new market for you by requesting a call back from our Protection Consultants.
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