Many business owners will take steps to minimise risk to their business – insuring assets such as property, equipment, vehicles, etc. but what would happen on the death of key people, partners or directors?
Business owners need to consider what would happen to your share of the business if you died prematurely along with the financial impact it could have on your family. Business owners also need to consider what would happen to the business if a co-owner died prematurely.
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