Why Buy Business Protection

Thousands of UK businesses fail each year because the owners have not adequately planned for the future or protected the business against the unexpected. Zinc Business Protection is an insurance policy providing an efficient and cost effective way to protect a business should a key person fall ill or suffer a serious accident.

With Zinc Business Protection insurance in place, should a key person have an accident or fall ill, a business can ensure it has the funds available to:

• continue trading and generating revenue
• protect the value built up in the business
• protect corporate debt and ongoing commitments
• replace key executives, temporarily or permanently
• provide for rehabilitation of the insured person, to speed up recovery
• provide funds to the business to buy out an existing shareholder if they become permanently disabled*.

*Advice should be sought from an accountant or solicitor to ensure the appropriate legal and tax provisions are in place. More information is also shown in our FAQs section.

Research suggests that both men and women are three times more likely to suffer a critical illness, rather than death before the age 65. This is supported by statistics from other recognised sources:

• In the UK, one in three people develop cancer in their lives and one in four people die from it. Cancer Research 2008
• Someone has a heart attack in the UK every two minutes and almost 2.6 million people have heart and circulatory disease. British Heart Foundation 2006
• 2.2 million people of working age will be off work for at least six months at any one time through sickness and disability. National Statistics Online 2005
• Someone has a stroke in the UK every five minutes. The Stroke Association 2006

Further details, regarding this unique cover, only available through intermediaries affiliated to Zinc Insurance Services, are provided within the What differentiates Zinc Business Protection section of this website.