Up to 40% of the UK’s smaller businesses might be underinsured. Is your business one of them?

The financial implications of a business being underinsured can be incredibly costly, and potentially devastating and yet according to the FCA, up to 40% of the UK’s SMEs may be underinsured*. Contractor businesses can be vulnerable by either having insufficient coverage to meet their needs on existing policies or by being unaware of certain risk factors such as financial liabilities resulting from a death or long-term illness.

Broadbench is an expert in #businessprotection advice for #contractors, we listen and work closely with you to assess the right level of coverage for your needs. We’ll also help identify any risk factors that could leave your business exposed to harm. We’ll help you navigate the dizzying array of financial products available, to find the right product that fits your needs.

So, whether you need to #protect against the loss of an employee who makes a significant contribution to the profits of the business, create a legal framework so that #partners or #shareholders have the right to purchase shares when a partner or shareholder dies or you’re simply looking for #taxefficient life insurance, we’ve got you covered.

Don’t be part of the 40%, talk to our friendly, professional team and safeguard your business for 2023 and beyond. There’s no hard-sell or ‘computer says no’ mentality, we put our customers first which is why we are rated 5-star on #trustpilot.

Go to https://tinyurl.com/ahuj3meu and get the conversation started

* Data sourced from the?FCA's Thematic Review