BUSINESS VALUE CHANGED? Review share valuations, agreements and cover together. Shareholder Protection may fund a purchase after a covered event; it does not transfer shares itself. Terms, underwriting and legal advice matter. bit.ly/47SbOfY #BusinessOwners

RENEWED? CHECK THE WAIT Income protection is for illness or injury, not contract gaps. Compare accessible savings and any sick pay with the deferred period. Benefits, earnings evidence and claim terms vary. bit.ly/4hWnsLH #Contractors

GP PARTNER DRAWINGS HAVE CHANGED? Review accessible cash, any sick pay and the deferred period. Do not assume drawings or private work are all insured earnings. Eligibility, underwriting, definitions, limits and terms apply. bit.ly/47oxj87 #GPPartners

COMPANY CHANGE? PREPARE THE MORTGAGE STORY Put dates, income and records in a clear timeline. Lender criteria vary. bit.ly/4BbRynk Your home may be repossessed if you do not keep up repayments on your mortgage. #BusinessOwners

Some lenders assess contractor affordability using annualised contract value rather than salary alone, subject to criteria. eu1.hubs.ly/H0ytBPJ0 #ContractorMortgage Your home may be repossessed if you do not keep up repayments on your mortgage.

Myth: Company-paid life cover is only for large employers. Relevant Life may let an eligible limited company fund life cover for a director or employee. Eligibility and tax treatment depend on the policy and circumstances. eu1.hubs.ly/H0ytBvf0 #RelevantLife

Directors are often paid through salary and dividends. Does your protection reflect both? Executive Income Protection may cover a broader mix of remuneration, subject to eligibility, limits and insurer terms. bit.ly/4y6bfuv #IncomeProtection

Shareholder protection works best when funding and the agreement work together. The policy may provide funds; the agreement helps set out how shares can be transferred. Structure and tax treatment depend on circumstances. bit.ly/4jeF9rY #SuccessionPlanning

If one person holds the client relationships, specialist knowledge or revenue pipeline, their absence can become a business risk. Key Person Insurance may provide funds to help stabilise operations after a valid claim. bit.ly/4ycq5Qu #BusinessProtection

If you answered no to any of these, it might be time to review your safety net. Have a great evening.

4/ Do you know the conditions, severity definitions and exclusions in your critical illness policy? 5/ Have you spoken to a specialist broker who understands day rates and company income?

1/ Do you know the exact date your fixed rate mortgage ends? 2/ Could your household survive a six month income interruption? 3/ Is your limited company paying for your life insurance?

Five financial questions for contractors to take into the weekend. Thread: #ContractorsUK #ContractorMarket

One policy does not necessarily replace another. Depending on needs and budget, a review may identify a role for one or more covers, or confirm that existing resources address part of the risk. Terms and underwriting apply. #ProtectionPlanning #LifeInsurance

Contractors do not always need three years of accounts. Evidence and assessment methods vary; some lenders may consider annualised contract value. Affordability and approval apply. #ContractorMortgage #Remortgage

Company directors: could a Relevant Life Plan suit you? With a correctly structured plan, the business pays the premium. Tax treatment depends on purpose, structure and circumstances; it is not guaranteed and may change. eu1.hubs.ly/H0xS6F60 #RelevantLife #LimitedCompany

Nearly 60 miles over three days, in loving memory of Katherine. From 4 September, the Walk for Kat team will travel from Paignton to Bigbury-on-Sea, raising vital funds for Forest Holme Hospice Charity. Please donate or share: bit.ly/4wZRnI8 #WalkForKat

3/ Life cover: can pay a level or decreasing lump sum after death during the policy term. Who receives it, payment timing and potential Inheritance Tax treatment can depend on ownership and trust arrangements. Read the full guide: eu1.hubs.ly/H0xS61s0

2/ Critical illness cover: can pay a one off lump sum if the insured person meets a specified medical definition. Conditions, severity criteria, exclusions and tax treatment vary.

1/ Income protection: can provide regular payments if illness or injury prevents work, subject to the definition, deferred period, insured amount, payment term and a valid claim. Tax treatment depends on who pays the premiums.