Business Protection Sample Letter

THIS IS A SAMPLE LETTER WHICH CAN BE COPIED ONTO YOUR OWN LETTERHEAD WITH AN ORIGINAL SIGNATURE. YOU SHOULD CHECK THE CONTENTS OF THIS LETTER WITH YOUR COMPLIANCE DEPARTMENT BEFORE YOU USE IT.

Dear <name

As you may be aware a number of Financial Services businesses are linking up with professional Accountancy/Legal/Tax Planning/Etcfirms like yourselves to deliver valuable advice to their clients.

What is not so widely known is it’s not unusual for companies not to have important cover in place should anything happen to a key person, share holding director or their employees. For instance:

Samples for Key Person Cover

Eg 1 - Howwould your clients that own their own businessmanage if they were to suffer substantial loss of profit following the death or critical illness of a key person?

Eg 2 - How would your clients that own their own business manage if following the death or critical illness of a key person a company debt became instantly repayable?

Eg 3 -How would your clients that own their own business manage the cost of finding/replacing and training of a replacement of a key person lost through death or critical illness?

Samples for Share Holder Protection

Eg 1 - How would your clients with their own business, manage if following the death or critical illness of a share holder, their beneficiaries became shareholders but with no interest in running the business?

EG 2 - How would your clients with their own business manage if following the death or critical illness of a share holder, their beneficiaries wanted to sell their shares in the business?

Samples for Relevant Life

EG 1 – Have your clients that own their own business thought about the tax efficiency of paying for life cover through their company?

EG 2 - Have your clients that own their own business thought about the tax efficiency of paying for death in service benefits through their company for an employee and how that would add value to an employee package?

We are therefore looking to work with a local professional business that canalso deliverAccountancy/Legal/Tax Planning/Etc services to our clients tohelp ensure their needs are catered for.

In return we believe we can offer business protection advice to your business client’s catering for scenarios like the one above to help make sure your clients have adequate financial protection in place.

We will contact you in the near future to arrange a mutually convenient time for us to discuss this further.

Regards,

<Name>