Limited Company
A limited company is a distinct legal entity with an independent legal existence, separate from, and regardless of, its shareholders. It must have at least one director and a company secretary. 24% of businesses in the UK are limited companies.*
Business protection is the ideal flexible solution to protect a limited company. There are a few ways of protecting a limited company and the toolkit explores these in detail in this section.
*Source: National Statistics Online, 2005
Interactive tools
There are recognised formulas that can be used as guidelines for calculating the level of cover. Here we show you how to calculate a suitable level of cover.
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This part of the toolkit contains information on:
- Business protection in detail