Business Protection for Directors and Shareholders
Your business runs on a small number of people. Business protection makes sure that losing one of them, through death or serious illness, doesn’t cost you the business as well.
FCA Authorised Advice
How I work
I start with your business, not a product. We look at how it is structured, who holds the shares, who guarantees the borrowing, and who it genuinely could not run without.
From there I put a figure on the exposure. Only then do we look at cover, compared across a panel of leading UK insurers.
You deal with me directly, from the first conversation through to a claim. I advise businesses across Birmingham and the West Midlands in person, and throughout the UK by phone and video call.
Keep control
If a co-owner dies or becomes seriously ill, the remaining owners have the money to buy their shares, so control stays with the people running the business.
Protect profit and cash flow
If you lose someone the business relies on, a payment to the business helps replace lost profit, cover recruitment and keep loan repayments on track.
Look after your key people
Company-paid life cover and income protection for directors and key employees, arranged so the business carries the cost rather than you personally.
What each type of cover does
Key Person Insurance
Pays the business a lump sum if someone it depends on dies or becomes critically ill, to help replace lost profit, fund recruitment and steady the business while it recovers. Read more about Key Person Insurance.
Shareholder and Partner Protection
Provides the money for the remaining owners to buy a shareholder or partner’s stake if they die or become critically ill, so control stays with the people running the business and their family is paid for their share. Read more about Shareholder Protection.
Business Loan Protection
Pays off or reduces business loans and commercial mortgages if a key person or guarantor dies or becomes critically ill, so the debt doesn’t fall on the business or their family. Read more about Business Loan Protection.
Relevant Life Cover
Life cover for directors and employees, paid for by the company and paid out to their family through a trust. It looks after the individual, so it works alongside the covers above rather than replacing them. Read more about Relevant Life Cover.
Executive Income Protection
Pays the business a monthly amount so it can keep paying a director or key employee while illness or injury stops them working. Read more about Executive Income Protection.
Where do I start?
Take the free Business Resilience Health Check. It takes a few minutes and shows which of these gaps applies to your business. Or call me on 0121 663 0171.
Tax treatment depends on individual circumstances and may change.