Contingent Liability Cover refers to a policy that a company takes out on the life of a director or an employee that stands as a sort of guarantee for any debts that the business might take on. The cover should be equal to the loan taken out.
Taking out Contingent Liability Cover is an effective way of protecting your business in the early days
when you are
starting it up. You as the owner can stand surety for a loan which can cover any start-up expenses or
Contingent Liability is thus an excellent way of protecting your personal and new-business interests by making sure in the event of your possible death your family, and your business debt are kept separate and the heirs of your estate are not affected by your business affairs.
At MBFS Service is a priority, Our service gets more done in less time, allowing our clients to get on
with the things
that are most important to them. How do we do this you ask? We achieve this through having the most
in the industry at your beck and call 24/7, and if that wasn't enough they work alongside a 24 Hr call
centre that are
specifically trained to deliver the right results quickly when dealing with your claims and queries.
Finally we get our clients claims ready, which means that our clients have the peace of mind that they are 100% covered for any eventuality and that their claims will be paid out and handled quickly and successfully!