Business Protection

Business protection is about safeguarding the company from events that could threaten continuity. If a key person dies or becomes critically ill, if a shareholder passes away, or if a director cannot work for an extended period, the right cover provides cash exactly when it is needed. That cash buys time, funds recruitment, supports debt obligations and enables a planned transfer of shares.

It is not just insurance. It is a simple, practical risk plan that sits alongside your finance and HR strategy so the business can focus on serving customers when life gets messy.

Every business is different. These are the areas I usually bring together.

• Key person insurance — a lump sum to offset lost profit and recruitment costs if a key employee dies or is critically ill
• Shareholder/partnership protection — a policy to fund the purchase of shares on death or critical illness, backed by a clear legal agreement
• Relevant life plans — tax‑efficient life cover for directors and high earners, written in trust
• Business loan protection — payout to clear or service debts if a guarantor or key director dies or is critically ill
• Income protection for directors — a monthly benefit if illness or injury stops you working
• Trusts and documentation — correct ownership, cross‑option agreements and trustee setup
• Review of existing cover — costs, gaps, and alignment with current business needs

We start by identifying who and what the business depends on. Revenue drivers. Client relationships. Technical expertise. We then match risks to policies. Key person for profit and recruitment shock. Shareholder protection so control stays with the right people. Relevant life to provide competitive benefits for directors tax‑efficiently. Loan protection so debt is not a crisis if the worst happens.

Policies are set with the right ownership and legal agreements so money is paid to the right place at the right time. I coordinate with your accountant on tax treatment and your solicitor on cross‑options or buy‑sell clauses.

A clear written recommendation that shows the risks, the suggested cover and why. Policies set up correctly with trusts and agreements where required. A simple annual review to keep sums insured aligned to profits, debt and ownership.