Also known as ‘key man insurance’, this can compensate a business for financial losses arising from the death, or extended incapacity, of a specified employee or director.
Business protection is all about insuring for the unexpected. It's a way of protecting your business if something goes wrong.
This can provide a business partnership with the funds to ‘buy out’ or compensate the deceased’s dependants, should a business partner die.
In the interests of financial security, business stability and continuity, it is essential to provide a safety net following the loss of a shareholder.
Politicians and experts are criticised over the fund, which cost £1.27bn and may have harmed patients.
Four people are arrested in London and Kent, but police say it is unconnected to Westminster incident.
Sgt Alexander Blackman is released after his conviction for murder was reduced to manslaughter.
The bank reports its first quarterly profit since 2015 and says cost-cutting is ahead of target.
It was "morally reprehensible" not to warn customers sooner about a second recall, MPs say.