Business Protection Insurance
Tailored business protection insurance solutions mean that your company can continue to run smoothly in the event of losing a business-critical member.
Call 0131 344 4301 or email [email protected]
What does it cover?
Relevant Life Cover
A tax-efficient alternative to a ‘death in service’ policy that allows you to pay your key employee’s family a cash lump sum if that employee dies while employed by your company.
Key employee cover
Key person cover is designed to help protect your business in the event of the death or severe illness of one or more key employees. If a key employee dies or becomes seriously ill, the business protection insurance policy can pay out a lump sum to the company that offsets any loss in your revenue or profits, helping to keep your business on track.
Shareholder or partnership cover
Provides your business with a cash lump sum if one of the owners dies or suffers a severe illness. This minimises disruption by providing capital that would allow the remaining owners to buy the shareholder or partner’s shares and keep control of the company.
Business loan protection
Your business protection insurance policy provides a lump sum to cover your business loans and other credit facilities if a business owner dies or becomes seriously ill. If you lose a business partner, you may want or need to repay outstanding business loans, some of which may have personal guarantees or have to be repaid when someone dies.
Other types of Business Insurance
We can also help arrange other types of Business Protection, such as Professional Indemnity Insurance, Public Liability Insurance, Employers Liability Insurance and many others, through our network of referral partners. These specialists will tailor a protection solution for your business to give you peace of mind that should something untoward happen, your business is covered.
