Business Protection
The most valuable asset to any organisation is its’ people. Generally, business owners insure the building, the equipment and the vehicles but what about insuring the PEOPLE? There are 4 main types of cover that help protect the future sustainability of a business and their families. Get in touch to find out more!
Relevant Life cover
Protect your loved ones with Relevant Life Cover. Companies can use Relevant Life Cover as a tax-efficient way for shareholding directors to take out life insurance on themselves, much like a death in service scheme for employees of a business.
Key Person Insurance
Key Person Protection can help safeguard a business against the financial impact of the death or long-term illness of a key person during the policy term. Call us today and we will come visit your business and discuss your options!
Business Loan Protection
This is an important consideration for any business with any business loans, director loans, commercial mortgages or overdrafts. Business Loan Protection can be used to help a business pay any outstanding debt should the guarantor die or become critically ill during the policy term.
Shareholder Protection
If a business owner were to die or terminally ill, one immediate issue will be how to deal with the deceased’s shareholder’s interest in the company. If an owner dies without adequate protection in place, their shares in the business will pass to their estate and, eventually, to their spouse, civil partner, and/or family. This could lead to several issues. Let us safeguard your business and family – Call us or drop into branch to find out more!
