Business Insurance  following Bankruptcy (Ex Bankrupt Insurance) or business owners / directors with a history of company liquidation / insolvency

The number of companies entering liquidation could hit the highest levels  since 1991/92, when a total of 27,300 businesses were forced into liquidation.  This is often through a bad debt and through no fault of their own.  However, all insurance companies require information as to whether you have ever been a director of a company that has gone into liquidations or if you  ever been declared bankrupt, the subject of current bankruptcy proceedings or any voluntary or mandatory insolvency or winding up procedures.

The above information is regarded as a "material fact" and if you fail to inform your insurers of this information, they could refuse to pay part or all of your claim due to "non disclosure".  The sad fact is, that some insurers will refuse insurance if you have an adverse financial history

We recognise that business owners declared bankrupt and companies that have gone into liquidation are more often than not victims of another companies bad debts. We therefore try to assist clients with an adverse financial history get a fair deal on their insurance requirements.  We work with insurers to develop competitive insurance solutions for directors and business owners.

Directors and business owners with an adverse financial history usually wish to make a fresh start and continue to make a living for themselves rather than sit back and become a benefit claimant - we will help you do that by overcoming any obstacles that insurers may pose, by working on your behalf, with insurance companies that have a realistic and sensible approach.

• Business Insurance / Liability Insurance for Ex Bankrupts - insurance for former insolvent clients

• Specialists in Insuring proposers with a Bankruptcy / liquidation history - Speak to us, someone who understands the difficulties of finding competitive insurance if you have been unlucky enough to suffer an adverse financial history

Ring Rob today on 0116 284 6096, and we will help you find the best deal for your insurance requirements.

 

 

 

 

Useful information:-

The UK insolvency helpline

Liquidation and alternatives for companies