Protection for the people your business runs on
Cover for directors, partners and key people, arranged so the business keeps going and the owners stay in control if someone dies or falls seriously ill.
Directors
- Relevant life coverLife cover for a director or employee that the company pays for, with the payout going to their family through a trust.
- Executive income protectionCompany paid cover that keeps a director or employee's salary going while illness or injury stops them working.
- Director's loan protectionCover that settles money lent between a director and their company, so neither the business nor the family is left short.
- Key person critical illnessA lump sum for your business when someone it relies on is diagnosed with a serious illness and has to step back.
- Cover for company directorsA director's guide to the cover a limited company can pay for, and the personal cover worth keeping alongside it.
Owners and partners
- Key person insuranceA lump sum for your business if a person it depends on dies or is diagnosed with a serious illness.
- Shareholder protectionMoney for the remaining owners to buy a shareholder's stake, with a cross-option agreement setting out the terms.
- Business loan protectionCover that clears business borrowing and personal guarantees if a director or owner dies or becomes seriously ill.
- Partnership protectionMoney for surviving partners to buy out a partner's share, so the family is paid and the practice carries on.
- Sole trader protectionPersonal policies that protect a sole trader's income, family and business debts, because the business and owner are one.
- LLP member protectionHow members of an LLP can fund a buyout, protect the firm's profits and replace their own drawings during illness.
- Family business protectionCover that keeps a family firm with the relatives running it and treats every child fairly when an owner dies or falls ill.
- Start-up protectionWhich protection a new business should put in first, and how to add more as it grows.
- Buying out a partnerHow owners fund the purchase of a partner's share, and where insurance fits when the exit is unplanned.
Employers
- Group life insuranceOne employer policy that pays a lump sum to an employee's family if they die while working for you.
- Group income protectionEmployer cover that keeps paying staff on long-term sick leave, with early help to support their return to work.
- Group critical illness coverAn employer scheme that pays staff a lump sum on diagnosis of a listed serious illness, while they are still employed.
Tax and trusts
- Business protection trustsHow trusts make sure business policies pay the right people quickly, and which trust fits each type of cover.
- Cross-option agreementsThe legal agreement that turns business protection cash into a clean sale of an owner's share.
- Business protection taxA plain guide to the usual tax treatment of each type of business protection, to discuss with your accountant.
Ten minutes on the phone. Sorted for years.
Tell us what you want to protect and we'll compare UK insurers, explain the options plainly and handle the forms. Monday to Friday, 9am to 6pm.
Tomorrow-you will be glad you did.