Protection
Business Protection

Business protection is a fantastic way of helping to protect against possible financial losses in the event of the death or critical illness of a business owner or key individual.

Always Protecting

Protecting your business & Family

Business protection is a way of helping to protect against possible financial losses in the event of the death or critical illness of a business owner or key individual. It can ensure that your business survives and continues trading during difficult circumstances. To help ensure the long-term financial security of your business in the event of losing key people to death or critical illness, you can take out policies for:

  • Life Cover
  • Serious Illness
  • Income Protection
  • Shareholder Protection
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about these types of policy

Shareholder Protection

Allows the remaining shareholders to remain in control of their business following the death or specified critical illness of a business owner. Paying out and purchasing the individuals shares placing them back into the company.

Life Cover – (Relevant Life)

Relevant Life Cover is a life insurance plan available to employers to provide individual death in service benefit for an employee.

This is aimed at:

  • Employers providing a ‘death in service’ scheme but their company does not have enough employees to set up a group scheme.
  • Directors wishing to provide their own individual ‘Death in Service’ benefit without taking out a scheme on all employees.

Key Person Protection

Put simply, this is a business insuring itself against the financial loss it would suffer if a key person in their business died or was diagnosed with a specified critical illness. This policy is owned and paid for by the employer.

We arrange a convenient appointment at your place of work to take the time to understand your business and its requirements to be able to provide a bespoke service to you.

Business Protection cover & advice covering Shropshire Telford Shrewsbury