Shareholder, Director, Key Person Protection and Employee Benefits

Businesses need to protect themselves against all eventualities - they will almost always have cover for their buildings, contents, cars, materials and products, but they often forget about their most valuable assets - their staff.

The main areas of business protection are Shareholder Insurance, Key Person Insurance, Relevant Life Insurance, Income Protection Insurance, and Employee Benefits - read up on each of them below to find out more.

Our fully trained staff will complete a thorough fact-find with you in order to fully understand your individual circumstances and needs before we offer you a solution. We only recommend solutions and services that are both suitable and affordable.

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Types of Business Protection

  • Shareholder Insurance

    This policy will provide a lump sum of money in the event of death to a shareholder in the business. This would allow the remaining directors to purchase the shares back from the deceased's estate that may ordinarily be passed on to the surviving spouse or children who may not be suitable shareholders in the business.

  • Key Person Insurance

    A Key Person is someone who is so important to the business that if that person were to die then the business would suffer financial damage. A Key Person policy will provide a sum of money for the business that can be used to replace lost income or to recruit and train a replacement.

  • Relevant Life Insurance

    This is a tax-efficient life insurance policy, allowing companies to insure any salaried directors. It’s set up by the company and the premiums are paid for from pre-tax profits. It pays out a tax-free lump sum on the death of the person insured with the proceeds going directly to the family or financial dependants of the person insured.

  • Income Protection Insurance

    This is a policy that can insure business owners as well as key employees and provides a monthly tax-free payment that can be used to continue to pay for living expenses in the event of injury or illness that prevents the insured from working for a period of time.

  • Employee Benefits

    These policies can provide employees with a death in service benefit, Private Medical Insurance or both. A death in service benefit will provide a tax-free lump sum of money to the employees family in the event of their death. This benefit could act as a reason to increase employee retention rates. Private Medical Insurance can cover any number of people within the business from directors to administration staff and provide private medical treatment for a wide range of conditions. This policy does not provide any lump sum of money to business, but it can mean that your staff will be treated quicker, ensuring less time off work and minimal impact to the performance of the business.

  • Barclays
  • Halifax
  • HSBC
  • Nationwide
  • NatWest
  • Principality
  • RBS
  • Santander
  • Tesco
  • TSB

The Process

  • Expert guidance

    After a quick chat to find out about you and your current situation, our specialist advisers will go away and compare over 10,000 deals from more than 90 of the UK's top banks and lenders to find you the perfect deal.

  • We'll find your perfect mortgage

    We have access to the whole of the UK mortgage market, including many deals you won't be able to find on the high street. Once we connect you to your ideal lender, we'll handle all the paperwork and admin, including chasing the banks, solicitors and agents on your behalf.

  • Sit back and relax

    We understand that mortgages can be daunting, but we're here to do the heavy lifting for you. We'll give you updates when there's anything important that you need to know, but other than that you can just relax knowing that your application is in the hands of the experts.

Get in touch with us today to find out how we could improve your finances!

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A mortgage is a loan secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.

The Financial Conduct Authority does not regulate most forms of buy to let mortgages and some forms of bridging finance.

Insurance plans will have no cash in value at any time, and will cease at the end of the term. If premiums are not maintained, then cover will lapse. For Critical Illness Cover, the policy may not cover all definitions of a critical illness. For definitions please refer to the Key Features and Policy Documents.