The loss of a key employee / director can be detrimental to a business if not properly protected.
By investing in business protection, you can get things up and running again in no time. Safeguard your business, partners and employees alike.
Receive great tax breaks, and offset your premiums against your profit as a business expense. This can save you valuable corporation tax.
Business protection can be a real asset to your company, benefitting the employees as well as presenting you as a conscientious employer.
Relevant life cover
Look after your employees. This cover is a tax-efficient way to offer your employees and their families a death in service benefit.
Their family will receive a payout to help cover funeral costs and ease financial pressures after the loss of their loved one. This service may even help you attract new employees.
Key person insurance
What if you lost the most valuable employee in your team or a business owner? You might find this hinders your business. It could even lead to loss of revenue and key relationship breakdown within your company..
This type of cover can protect the unthinkable, whilst ensuring that the business can continue running. Lastly, the financial support can assist with recruitment and training of new key staff.
Business debt cover
If the business loses a shareholder, director or partner it would often be the case that any loans guaranteed by them must be repaid.
If they have any outstanding debts, this cover can help towards repaying these.
This cover can be offered as life and/or critical illness cover.
Employee benefits
Our specialist plans can help substitute the income of employees, provide lump sums and offer other support items such as rehabilitation and legal advice.
In addition to the standard cover, these can also include many extra freebies and rewards such as:
- Healthcare
- Eating out discounts
- Active rewards
- Entertainment discounts
- Discounted gym memberships
Not only will you be looking after your employees, you will offer a great place to work for new staff.