Hi friends,Did you know that life insurance can play an important role in protecting a business from disaster? Known as key person or key man insurance, cover may be brought to protect your business from the disruption caused by the death of a key employee.Cover that will provide a business partnership if a partner dies is also available. So you can lead a peaceful and prosperous life without any risk. The life insurance cover quotes allows surviving partner(s) to buy the deceased partner’s share from the estate to which it would otherwise automatically pass. Similar life insurance may be bought by directors of a business to protect their interests in the event of a death of a fellow director. Did you know that some companies monitor life insurance rates on a regular basis and can provide you with quotes over the telephone? During the life of a decreasing term life assurance policy the sum assured reduces every month in gradual steps to nil at the end of the term. A decreasing term life cover quotes policy would normally be used to cover a mortgage or other loan where the amount owed reduces each month as you make loan repayments, such as a repayment mortgage. Decreasing Term cover ensures that the amount of cover is tailored to just cover the loan and no more each month.