It makes perfect sense to protect your business against losing a key person through death or serious illness.
It can have a huge impact on your business if you are without a crucial employee, resulting in potential significant reductions in revenue and profits and putting your cash-flow and business at risk.
Our Business Protection policies can pay out a lump sum to help cushion the financial blow of losing a key person for a significant or permanent amount of time.
Life cover for your employees
A tax-efficient alternative to a ‘death in service’ benefit that allows you to pay your key employee’s family a cash lump sum if they die while employed by your company.
Key Person Cover
Key person cover is designed to help protect your business in the event of death or severe illness of one or more key employees. If your key employee dies or becomes seriously ill, the policy pays out a lump sum to make up for any loss in your revenue or profits, helping to keep your business on track.
Shareholder or Partnership Cover
We can provide business with a cash lump sum if one of the owners dies or suffers a severe illness. This helps the remaining business owners minimise disruption to the business, by providing capital that enables them to buy that shareholder’s or partner’s shares and so keep control of their organisation.
If you’d like to know more about our Business Protection products and options available, please call us or visit our contact page.