The Remulate Protect Blog

Protection and Insurance tips, news, and information 

5 Key Mistakes to Avoid When Taking Out Key Person Cover

By alastair successwithsystems • November 25, 2024
Key person cover (also known as key man insurance) is an essential safety net for businesses, designed to protect them from the financial impact caused by the sudden loss of a key individual in their team. Whether due to death or a serious illness, the absence of a key team member can disrupt operations, strain resources, and even threaten the business's future. When implemented correctly, key person cover can ensure continuity by providing funds to manage recruitment, training, and any revenue gaps caused by the loss. Yet, many businesses make costly errors when setting up these policies, undermining their effectiveness and leaving themselves exposed to risk. To help you avoid these pitfalls, here are five critical mistakes that businesses commonly make - and how to steer clear of them.
The Importance of Regularly Reviewing Personal and Business Insurance Cover

Ensure Your Peace of Mind: The Importance of Regularly Reviewing Personal and Business Insurance Cover

By alastair successwithsystems • October 23, 2024
In an ever-changing world, the importance of regularly reviewing your insurance cover cannot be overstated. Whether it's personal insurance protecting your family or business insurance safeguarding your business, staying updated ensures you are adequately protected and financially prudent.

A Guide to Financially Protecting Your Business

By Jordan Bishop • September 5, 2024
Running a business involves juggling many responsibilities and managing various risks. One crucial aspect that often gets overlooked is ensuring your business is financially protected against unforeseen events. Whether it’s the sudden illness of a key team member, a cyber-attack, or the unexpected passing of a business partner, having the right protection in place can mean the difference between survival and closure. Comprehensive financial protection is not just about safeguarding assets; it’s about ensuring continuity, stability, and peace of mind for everyone involved in the business. Here, we explore four key areas that businesses should focus on to safeguard their financial future.
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