In the fourth and final part in the series, Business Protected managing director, Nathaniel Lee offers insights into how advisers can address and navigate the cost-of-living crisis when it comes to business protection.
Let's address the elephant in the room: the escalating cost-of-living crisis. In a landscape where we are all feeling the financial strain, our clients are no exception. For mortgage brokers, broaching the subject of protection after applying for a mortgage likely to see monthly repayments skyrocket may initially seem challenging. However, is this truly the case when it comes to business protection? Key to successful conversion is positioning and language. We often emphasise the importance of wedge products - those that captivate attention and engage clients. Relevant Life Plans st...
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