Every business has got to see the need for life insurance. If you aren’t already using Keyman Life Insurance, it is in your company’s best interests to take the time and read on. It could be time better spent than you think.

It is an old clich, but a true one nevertheless, that one of the most essential elements in the success of any business is the quality of people working within it. However much the nature of business life changes, this won’t.

And this statement is especially valid when you are considering small businesses. In the UK, there are about 4 million businesses which have only up to 4 employees. In fact, just over 95% of all UK businesses have fewer than 10 workers. These organisations, especially, should be actively contemplating Keyman insurance policies, especially Keyman life insurance.

As a business owner you probably already know which people within the business constitute what is know as a key person. These are generally the people within the business that generate the sales or without whom the business just ceases to exist.

Keyman insurance is imperative for people such as this. Keyman insurance can prevent the nightmare scenario of the collapse of your business because of the prolonged absence or even, though we might not want to contemplate it, the death of someone who is central to our success and well-being.

Keyman can provide financial cover for the absence of a staff member, whether for a prolonged period of time or, in the case of death, permanently, whilst you are left the time to concentrate on the important need of continuing to run your business and even looking for replacement staff where necessary.

Keyman can provide you with much more than just individual employee cover. If a partner or stakeholder dies, you may find yourself faced with the option of either having to buy the remainder of your business from the family members or having to sell the company. Just because the shareholder was committed to the company does not mean that his or her family necessarily feels the same way. Few people would be independently capable of having that sort of capital at their disposal, which is where Keyman can help. We can help provide the capital to keep you in business, regardless of extraneous circumstances. That alone should be enough to alleviate some of the pressure of running your business.

Also the death of a guarantor can be equally drastic. If you find yourself suddenly having to pay of a large business loan when you least expect it, Keyman can provide a policy which will help to rectify an otherwise impossible situation.

As you can see, essentially, Keyman insurance operates in exactly the same manner as a conventional life insurance policy but with the significant difference being that, on the death of the insured, the proceeds of the policy are paid out to the company instead of the deceased’s family. Nowadays, most leading UK insurance companies offer some kind of Keyman insurance within their life and critical illness portfolios. It could even be that you could claim tax relief on premiums paid into this kind of policy.

So in summary protecting your business should be one of the most important things on your mind whether you are a sole trader a partnership or even and Ltd company arranging some keyman insurance will make sure that catastrophic does not effect the business financially.

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Have you ever watched a horror film where the villain snips the wires to a telephone or home alarm? The scariest part is realizing that, despite your home’s security system, it could happen to you. In order to truly protect your home and family against the threat of break-ins, you need to invest in a wireless security system.

A burglar alarm without wires is the simple explanation for a wireless home security system. They communicate with radio waves instead of over wires. Thus the burglar is unable to determine which wires to cut to disable the alarm.

There are two kinds of wireless burglar alarms on the market. The first type is activated when the alarm is tripped, but only the homeowner or neighbors can hear the alarm. This kind of system doesn’t make a whole lot of sense if you live in a rural area and are away from home when a break-in occurs. Another kind of wireless security system uses a monitoring device that will communicate a forced entry to a security company. When the alarm is triggered, the security company will check to see if it’s a genuine break-in; if it is, they will call immediately to dispatch the local police.

The control panel is the brains of all wireless security systems. It is usually found in the basement or in a closet. The control panel is where all wireless signals are sent from the various motion sensors and magnetic switches placed throughout the home. If a suspicious movement signal or entry is detected, the control panel sounds an alarm, or phones the security company’s monitoring service.

Small, inconspicuous magnetic contacts are attached to windows and doors. They include two parts, a magnet that is placed on the window or door, and a switch that is placed inside the door jam or window sill. They work very simply: if the distance between the switch and the magnet increases, which would happen if the door or window were forced open, a signal is sent to the control panel, which sounds the alarm.

If your home has large spaces such as hallways, you can equip them with a feature of the wireless security system called a body sensor, or motion detector. They use infrared motion or body heat detection to sense someone’s presence, and send a signal to the control panel. The panel will determine if the threat meets its standards and if so, will alert the monitoring station or sound the alarm.

Each wireless security system includes a keypad, which homeowners use to turn the system on or off. Normally, keypads are installed beside the main entry door, so that it is convenient to arm the alarm when leaving, or to deactivate it when returning home. Some systems also include remote devices, similar to a car alarm, which can operate several features. Homeowners can also switch lights on or off from a distance using the remote controller, to give the illusion that the home is occupied.

Some wireless security systems also come with cameras, which can be all mounted or hidden. The cameras connect to a control panel and a recording device, such as a VCR. If an intruder is detected, the cameras record the home scene automatically. Some packages also include camera monitoring by security staff at the alarm system company.

If you’ve decided to invest in the peace of mind and security of a home security system, be sure to consider the added advantages of a wireless system. The advanced features and stronger security may make it your best choice.

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The relatively low cost of living in Cyprus has an added appeal for the potential buyer, offering a full and inexpensive lifestyle. Recent statistics pointed to Cyprus as one of the most inexpensive countries in Europe. The local markets flaunt a wealth of colourful fresh fruit and vegetables, meat and fish, and Cyprus’ modern supermarkets are fully stocked with a large range of local and imported goods. The local population is Greek speaking. Cyprus was once a British colony resulting in over 80% of the population speaking English. Street signs, direction signs, and shop signs are written in English. Knowledge of German, French, Russian is increasing with the Island tourist trade.

In these circumstances, promises and the willingness of locals to help may meet the Authority’s objections. A more serious consideration however is section 4A of the Streets’ and Buildings’ Regulations. This amendment of the Law states that, in certain cases, no building permit will be granted to plots of land which are the result of field subdivision. Therefore, the derivation of the site’s title must be examined and verified by the District Lands’ Office.

In addition a 1.5%-2% is payable for the structural design and 0.3% for structural supervision. If you are at a loss as to the choice of a suitable consultant, seek the advice of the Registrar of the Association of Architects & Engineers (all licenced architects must be registered). Please bear in mind that in case of large buildings you may be able to negotiate a lower fee (as also in the case of repetitive work).

Services: Experience has proved that it is difficult for co-owners to agree on the common servicing of the blocks. It is therefore advisable, especially if you are buying in a large block, to prefer to buy where the block has the lowest common services bill. Central heating has proved to be a major problem and the cause of many quarrels amongst co-owners. Avoid, also, flats which have common hot water facilities.

Upon signing a contract, the Purchaser is liable to pay stamp duty which amounts to 0.115% of a purchase price up to CY 100.000, and then at a rate of 0.2% on any purchase price in excess of CY100.000.Land registry fees are payable when the owner ship of the property is transferred. This is on a sliding scale, ranging from 5% to 8% depending upon the value of the property.

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