Protection specialist LV has launched a range of business protection insurance products designed to protect small and medium sized businesses against the financial impacts of death or critical illness.
The firm offers key person, shareholder and partnership insurance plus loan protection.
It said these three new products compliment the existing relevant life cover for businesses that LV launched in 2013.
LV added that it has developed jargon free-client facing communications including easy-to-use calculators that make it easier for advisers to calculate the potential value of their client’s business, as well as the amount of cover required and how to fairly split the total cost of cover between the shareholders or partners, relative to the benefits they stand to gain. Read more at FT Adviser