Business protection insurance will pay out a pre-agreed sum of money for your company should one of the key members of the organisation either die or become seriously ill. It is a key way of protecting against the unexpected and reassuring your staff that you truly care about them in the long-term.
No matter what the size of your company, business protection insurance can be crucial to continuing success should you need to carry on without a fundamental partner. There are a number of different policy options; some covering a key individual, life cover for your staff or to financially secure the business for the future.
You can choose the level of coverage, how long the policy will last and how you want payment to be distributed – either in annual arrears or a one off tax-free lump sum. A variety of factors will contribute to the cost of your cover – the age of key people, the number of employees and the size of business.
If there is one thing we can all agree on it is this; the most important part of any business is its people. Our business protection insurance policies allow you to protect the people who deserve it most. Our financial experts have years of experience helping companies find the best-value option for their needs, and will take considerable time asking all the right questions to ensure they can find a variety of policies to discuss with you.See a selection of UK lenders we work with.