You may rely on a key employee who is vital to the profitability or even the existence of the business. You can protect your business from the disruption which might follow the death of such a colleague by taking out a life insurance policy on his or her life. The policy can be used to cover costs of finding and training a successor. There may be liability to corporation tax in respect of some - or all - of the amount paid out under the policy.
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This website runs a Secure Socket Layer. When we ask you to fill out quotation forms online, we ensure that your details are sent