Helping to ensure your business is financially secure should the worst happen.
If you’re a business owner or key person, it’s important to understand the levels of protection you require. Should a crucial staff member unexpectedly pass away or be diagnosed with a critical illness, you’ll naturally want peace of mind that the company’s financial future is safe and secure.
Key Person Cover
This provides a lump sum payment if a key staff member dies, or is diagnosed with a terminal or critical illness, which can be used for recruitment or business restructuring. A ‘Key Person’ can be any member of staff within any department of a business, who significantly contributes to a business’ financial success due to their skills, knowledge, experience or leadership.
Share and Partnership Protection
We can help to ensure that business owners can buy shares of the company back from a co-shareholder following a death or terminal illness diagnosis, helping you to keep control and minimise disruption. Without this protection, their share of your business would typically be passed to beneficiaries – meaning you’d have to source or borrow money in order to buy it back, or have new partners not of your choice.
Relevant Life Cover
Designed to pay out a lump sum on death or diagnosis of a terminal illness, this insurance provides death-in-service benefits for employees – but, it must be placed in trust. Our expert team can discuss the most cost-effective option for you and your team, regardless of the size of your company.
Executive Income Protection
Should an employee be unable to work due to illness or injury, Executive Income Protection will provide monthly benefits, which can fund sick pay and provide assistance with earnings, allowing financial commitments to be maintained. Our team can review the most suitable policies for your team, and additional cover can be added to cover pension and NI contributions.
Get in touch
Call the office:
Email the team: firstname.lastname@example.org
Request a call back
* You voluntarily choose to provide personal details to us via this website. Personal information will be treated as confidential by us and held in accordance with GDPR May 2018 requirements. You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone. By submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.