Naturally we do not enjoy talking about the downside of what may be ahead for us. Why would you want to? ...sure it won't happen to me.
If the above statistic doesn't set bells off, we don't know what will.
Our view on this however, is a pragmatic one. We gather information and change what is within our control to hopefully mean we have a greater chance of not being on the losing end of that coin flip:
However even if we achieve the above steps, we are still only working the margins on increasing the chance of being one of the lucky ones.
What we also believe to be a logical step is to assess the consequences if things aren't all rosy. We consider:
"Okay I have done all the healthy things above, but what if I am just unlucky and end up having a serious brush with ill health, how can I help myself, business and family in that instance?"
Well again, we would want to know what options we have within our control to ensure our business and family interests are left as financially secure as possible.
How can we do this:
We can take control of working on the margins of health to hopefully make our chances lower, however we can also fully control what happens financially for the benefit of our business and family should the worst happen.
Want to know more?
Speak to us about your business protection needs. We pride ourselves on delivering efficient solutions for our clients in protecting their business interests from the loss of a key person or shareholder, as well as helping our clients tax efficiently protect their families and lifestyles through their businesses.