Looking after your employees...
What's your plan if a member of your staff is ill on a long-term basis? Does your business have the means to support an employee on long-term sick leave?
Income protection works by contributing a percentage of salary to help in the event of long-term incapacity. It reduces employees’ reliance on the state and/or discretionary employer sick pay schemes. Linked to your liability insurance, this can then reduce any settlement figure for loss of earnings.
La Playa: Investing with Intelligence:
Godfrey L, Private Client