Midas Extra-Factor

Insurance

Although Midas do not provide any insurance products directly to our customers but we do have links with many first class providers who we trust to supply our customers with, not only excellent products but also excellent service. In brief, here are some of the products our providers can offer, so if you would like further information or wish to obtain any of the following products please let us know.

For Vehicles

GAP

Following the total loss of your vehicle due to fire theft or accident, this insurance policy for which you will pay a one off premium will pay you for an agreed period the difference between the insurer’s valuation (insured value) and whichever is the greater of:-

1. The purchase price of the vehicle.           2. The finance settlement figure.

Warranties

To protect against the cost incurred as a result of premature breakdown or failure of covered electrical or mechanical component parts of the covered vehicle

Roadside assistance

Providing roadside assistance and vehicle recovery services in the United Kingdom and Continental Europe

For Business

Partnership protection

If a partner in the business becomes critically ill or should die what would happen to the business? Could the business carry on?

Shareholder protection

If a shareholding director becomes critically ill or should die what would happen to the business? Who would own the deceased partners shares? Could the remaining directors afford to buy the deceased shareholders shares?

Key man insurance

Are there one or more individuals in the business responsible for most of the turnover or performing a vital controlling function? What could happen to the business profits if this Key Person was to die or become ill? How quickly can this person be replaced and at what cost?

For more information on any of the above please let us know and we will introduce you to the relevant insurance provider.

Midas Corporate Finance Ltd is authorised and regulated by the Financial Conduct Authority. We are a Credit broker and not a lender and offer credit facilities from a panel of lenders.