Business Protection options
Companies don’t think twice about protecting the assets of their business. But what about the most important asset – the key people that make it run smoothly day-to-day?
Benefits of Relevant Life cover

Corporation tax relief
Counts as a tax-deductible business expense, as long as the premiums are wholly and exclusively for the purposes of the business.

Added Employee benefits
Provides individual death-in-service benefits to employees outside of a registered group life scheme. Can also cover for Terminal Illness Cover and Accidental Death Cover.

Help employee engagement
Happier, healthier, more engaged employees that take less time off and are often more productive – helping you attract and retain the best people

Tax efficient for both businesses and employees.
On claim pay-out, the cash lump sum is not subject to Income or Inheritance Tax. There is no National Insurance Contributions to pay on the policy payments paid to fund the policy.
Benefits of Key Person cover

Protect profits
Helps your business with the loss of a key person who influences revenue, by giving your company a cash injection to help replace lost profits.

Helps with key person replacement costs
Helps with your recruitment and training costs, while replacing the loss of a key person.

Provide an income to a key person
Provides an income to a key person if they become critically ill and unable to work. You can continue paying their salary whilst they are recovering.

Cover by business type
Cover is available for Sole Traders, Traditional or Ordinary Partnerships, Limited Companies and Limited Liability Partnerships.
Free Business Protection Quote
Speak to an adviser on which business protection cover is right for your business.
Request a call back to get started on your quote.
Benefits of Share & Partnership Protection?

Help retain control if a partner were to die or become critically ill
If the shares are sold on the open market, a new business owner could take control of the daily running of the business. That new business owner could be a competitor or completely unsuitable for the business.

Funds available to help buy out the deceased's partner’s shareholding
If the deceased owner’s family are willing to share the shares, the surviving owners could have trouble raising the finances and disagreements over the terms of the sale could lead to further difficulties.

Retain confidence of employees and customers
Retain confidence with employees, customers as well as banks and investors that the business will continue to trade as normal.

Protection by business type
Share protection is available for limited companies. Partnership Protection is for partnerships and limited liability partnerships.
Benefits of Executive Income Protection

Cover an executive’s salary and dividends
Protection for business owners and executives PAYE salary and dividend payments if unable to work due to accident or sickness.

Premiums paid by the company
Policies are paid and owned by the company and offer a monthly benefit to the business should an executive or director by unable to work due to sickness or injury.

Cover up to 80% of gross income
Policies can cover up 80% of the Executive’s gross income, this includes PAYE salary, dividends and can include pension contributions. Benefits paid are tax-free to the company but are subject to tax for the individual.

Choose the benefit length
The benefit can be paid up to a planned expiry date, such as an Executive’s expected retirement age, or for a fixed period such as 2, 3 or 5 years.