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Protection

Specialist Business Protection Solutions

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Why choose us for business protection...

We understand that protecting your business is just as important as growing it. That’s why we offer specialist expertise in business protection, helping you safeguard your company against unexpected events. From key person cover and shareholder protection to relevant life policies, we provide access to a comprehensive range of solutions tailored to your specific commercial needs.

With whole-of-market access and no fees for our expert advice, we focus on delivering clear, commercially sound recommendations that support your long-term business continuity. Our guidance is straightforward and practical, ensuring you fully understand your options. And with our ongoing support service, we’re here to review and adapt your cover as your business evolves.

Your business protection journey...

Free protection review:

  • Understand your business needs
  • Assess current coverage
  • Review your budget

We conduct expert research:

  • Compare market options
  • Find best value cover
  • Explain recommendations

We offer complete support:

  • Handle applications
  • Manage medical questions
  • Ongoing service

Ready to take the next step? Get in touch with us today.

Our advisers are always available for a chat, get in touch to get started with your mortgage and protection needs.

Understanding your business protection options

Learn more about the different protection options available to help protect your business, if the worst were to happen.

Relevant Life Insurance

What it is:

  • Tax-efficient life cover for directors and employees
  • Owned by the company, but benefits the family
  • HMRC-approved scheme

How it works:

  • Premiums paid by the company (tax-deductible expense)
  • Benefits paid tax-free to employee’s family
  • Does not form part of lifetime allowance
  • Significantly cheaper than personal life insurance

Key Person Cover:

What it is:

  • Protects business against loss of crucial team members
  • Covers key individuals who directly impact profits
  • Can include critical illness protection

How it works:

  • Business receives lump sum if key person dies or becomes critically ill
  • Helps cover loss of profits
  • Funds recruitment of replacement
  • Maintains business stability

Shareholder Protection:

What it is:

  • Ensures business continuity if a shareholder dies
  • Provides funds to buy deceased’s shares
  • Protects remaining shareholders and deceased’s family

How it works:

  • Provides lump sum to purchase shares
  • Can include cross-option agreements
  • Ensures smooth ownership transition
  • Maintains business value

Executive Income Protection

What it is:

  • Protects directors’ and key employees’ income
  • Company-paid benefit
  • Tax-efficient solution

How it works:

  • Regular monthly benefit if unable to work
  • Premiums usually tax-deductible
  • Benefits paid to the business
  • Maintains salary during illness/injury

Enhanced protection options

With protection policies you can also opt for additional features, these are special addons to your policy.

Business Loan Protection

  • Covers outstanding business loans
  • Protects personal guarantees
  • Maintains business credit status

Cross Option Agreements

  • Legal framework for share transfers
  • Ensures smooth transition
  • Protects all parties’ interests

Split Trust Arrangements

  • Tax-efficient benefit distribution
  • Protects business interests
  • Ensures quick payment to beneficiaries

Explore our tools to help you plan

Ready to take the next step? Download one of our useful guides to explore how we can help your specific situation. Or use our repayment or affordability calculators to help budget.

It safeguards your business against the financial impact of losing key people, ensures business continuity, and protects both the company and families involved.

Most business protection premiums can be treated as business expenses. We’ll explain the tax implications for each type of cover, though we recommend consulting your accountant for specific tax advice.

Coverage depends on various factors including:

  • Company turnover and profits
  • Key person contribution
  • Outstanding loans
  • Share values

 

We’ll help calculate appropriate levels of protection.

Most policies can be arranged within 2-4 weeks, though complex cases or those requiring medical information may take longer.

Ready to get protected?

"I have had a number of dealings with Michael regarding financial matters, in particular with regard to mortgages. On each occasion, he has been thoroughly professional, reliable and informative. His assistance has helped save our family a substantial amount of money. I would not hesitate to recommend his services to anyone."

Ready to get protected?

Find out why we’re different and experience a new level of tailored mortgage and protection advice. Book a free consultation today.