{"id":25965,"date":"2014-06-06T16:06:11","date_gmt":"2014-06-06T15:06:11","guid":{"rendered":"https:\/\/www.wingatebs.com\/taking-gamble\/"},"modified":"2014-06-06T16:06:11","modified_gmt":"2014-06-06T15:06:11","slug":"taking-gamble","status":"publish","type":"post","link":"https:\/\/www.wingatebs.com\/taking-gamble\/","title":{"rendered":"Are you taking a gamble?"},"content":{"rendered":"<p>In a recent survey carried out by the leading insurance provider, Zurich, it was established that small and medium sized enterprises (SME\u2019s) are at risk of a \u2018severe impact\u2019 by having no insurance protection in place for key employees and\/or the business owners.<\/p>\n<p>Zurich\u2019s research which surveyed 513 senior decision makers from SME\u2019s found that between 45%-56% believed that the death or diagnosis of a critical illness of a business owner or key member of staff is the biggest risk to the future success and ongoing profitability of a business.<\/p>\n<p>The loss of a \u2018Key Person\u2019 is likely to create a gap in the management structure of the business as well as a significant skills shortage in a critical role which means that finding an equivalent replacement could prove not only challenging but very costly.<\/p>\n<p>The cost of providing insurance cover to mitigate the impact of this risk is relatively low and if you reviewed your business operation and roles undertaken by the \u2018key personnel\u2019 you may find that you are taking an unnecessary gamble.<\/p>\n<p><strong>What can Wingate do to help?<\/strong><\/p>\n<p>Wingate can spend time with you to help assess who your key personnel are and provide you with a tailored executive summary providing indicative costs to insure these key persons against death or the diagnosis of a critical illness. This summary would be provided at no cost to you.<\/p>\n<p><strong>Our Service<\/strong><\/p>\n<ul>\n<li>We will take time to understand your business to identify your specific business needs.<\/li>\n<li>We will undertake research and issue a report detailing the options and recommendations.<\/li>\n<li>We will implement any policies you wish to put into place, including managing the medical underwriting process with the insurers on your behalf.<\/li>\n<\/ul>\n<p><em><strong>Wingate Benefits Solutions is here to assist you with all aspects of business protection and employee benefits. Should you wish to discuss this or any other such matter please contact your Wingate Benefit Solutions adviser on 0844 406 0027.<\/strong><\/em><\/p>\n<p><em>Tax and legislation are liable to change. This information is based on Wingate Benefits Solutions\u2019 current understanding of UK law and HM Revenue &amp; Customs practice and legislation. No guarantees are given regarding the effectiveness of any arrangements entered into on the basis of the information contained herewith. It is recommended that professional advice is sought prior to entering into any financial arrangement.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent survey carried out by the leading insurance provider, Zurich, it was established that small and medium sized enterprises (SME\u2019s) are at risk of a \u2018severe impact\u2019 by having no insurance protection in place for key employees and\/or the business owners. Zurich\u2019s research which surveyed 513 senior decision makers from SME\u2019s found that [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[41],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wingatebs.com\/wp-json\/wp\/v2\/posts\/25965"}],"collection":[{"href":"https:\/\/www.wingatebs.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wingatebs.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wingatebs.com\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wingatebs.com\/wp-json\/wp\/v2\/comments?post=25965"}],"version-history":[{"count":0,"href":"https:\/\/www.wingatebs.com\/wp-json\/wp\/v2\/posts\/25965\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.wingatebs.com\/wp-json\/wp\/v2\/media?parent=25965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wingatebs.com\/wp-json\/wp\/v2\/categories?post=25965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wingatebs.com\/wp-json\/wp\/v2\/tags?post=25965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}