Protecting your business (Sole trader )

Business Protection

It’s a sad fact of life that your outgoings wouldn’t necessarily stop if your income did. But with an Income Protection policy, we can help you cope financially if you are unable to work because you are sick or injured.

Partnership / Ltd Companies

We know only too well what an impact illness and injury can have on earning a living

Our policies offers much more than just basic financial protection. Getting back to work can present a number of challenges. Our claims team offer a range of support services that can help. These services can mean the difference between being off for a couple of weeks and being unable to work for a much longer period.

Protecting people should be an integral part of any business plan. Business owners already protect many of the important things that keep the business running smoothly, like property, fleets and stock. So they should also insure their most valuable assets: their staff and shareholders.

Key person and Share and Partnership cover can include Life insurance or Life insurance with Critical illness cover. Life with Critical illness cover includes terminal illness protection as well as free Children’s cover.


If a partner or shareholder dies or is diagnosed with a critical illness, the proceeds help the remaining owners buy the affected individual’s share of the business. Without protection, the surviving owners could lose control of the business, impacting on-going success.


If a business loses a key person who influences revenue, the policy gives the company a cash injection, helping replace lost profits and possibly recruit a replacement.


If the business loses a key person, the money paid by the policy can be used to clear loans or other debt. Without a cash injection, investors and creditors (like the bank) may call in debts as they’re no longer confident the business can keep on top of them.

Relevant Life cover

Relevant Life cover is often referred to as a type of Business Protection and is a tax-efficient life insurance policy, allowing companies to offer death-in-service benefits to their staff.

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