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Business Protection
None of us know what the future holds, but with the right Business Resilience Planning in place you can focus on running your day-to-day business with the confidence you are prepared for the unexpected.
If you’re a Director of a business, Company Protection should make up a huge part of your Business Continuity Planning and risk mitigation.
Ask yourself: What protection do you currently have in place for your business, yourself, and your staff and does it truly cover your needs?
What happens if one of your key staff becomes unable to work overnight? Can your business really function without them?
These types of questions are made even more important when a director has had to leverage their personal position like in a signed Directors Guarantee, putting their personal wealth on the line.
We can help to ensure your business is protected against almost any eventuality through careful planning and at an affordable monthly cost.
Is your business safe without the benefits of a Protection Plan?
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Protects against financial loss
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Secures business continuity
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A tailored plan that fits your business's needs
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Affordable monthly payments
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Supports employee retention
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Helps you attract and recruit the best people
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Offers a wealth of tax benefits
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Makes your business plans more resilient
Shareholders Ownership protection
Imagine this as like having a Company Will, this ensures the retention of control following a key shareholder or owners’ death/incapacity. Appropriate funds are paid to the correct parties to enable the purchase of shares without any undue tax or discrepancies.
Debt Protection
Assess what debts the business and its directors have on a personal guarantee and consider if you could repay these in the event of death.
We can ensure any debts are covered by appropriate policies without impacting heavily on cash flow should they need to be repaid.
Keyman Cover
Who would you lose sleep over, if they didn’t come to work tomorrow? Do you have a plan for who would inherit business responsibilities, the stress, and the costs? Keyman cover ensures you have the funds to deal with the aftermath or illness or death, allowing you to find temporary cover, seek longer-term replacement and protect profitability in an unsteady period. This can include anyone in your team including Directors.
Offering Employee Benefits
As well as protecting your business, these tax efficient elements of Business Protection can help you retain and recruit the best people into the business. You could recruit and retain more suitable personnel with a more comprehensive and attractive benefit package.
Death in Service Cover
Either small group life schemes or individual Relevant Life plans to put family benefits on expenses with no P11d benefit implications.
Executive Income Protection
The company funds a director’s sick pay plan through expenses that ensures they can replace much of a director salary and pension planning contributions, through employer payroll. This ensures net relevant earnings continue following sickness absence, so protecting the executives longer term plans and the building of sufficient pension funds.
Employer Funded Private Health Care Schemes
A perfect opportunity to offer valuable staff and their families healthcare benefits from a simple GP helpline to fully fledged private healthcare. From a business point of view, you are enabling a speedy return to work for directors and staff depending on the range of cover chosen.
Get Started with Our Business Resilience Packages
Bronze Package
120.99£Every monthPrices shown are representative examples of a monthly cost.- Business Continuity Planning support
- Tax efficient Death in Service Cover for chosen staff
- Your profit protected through cover on chosen individuals
- Simple Healthcare Scheme to support staff wellbeing
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Silver Package
210.99£Every monthPrices shown are representative examples of a monthly cost.- Ongoing Business Continuity Planning support
- Tax efficient Death in Service Cover for chosen staff
- Your profit protected through cover on chosen individuals
- Simple Healthcare Scheme to support staff wellbeing
- Provision for a “Company Will”
- Debt protection provision
Gold Package
350.99£Every monthPrices shown are representative examples of a monthly cost.- Ongoing Business Continuity Planning support
- Tax efficient Death in Service Cover for chosen staff
- Your profit protected through cover on chosen individuals
- Full Private Healthcare Scheme
- Provision for a “Company Will”
- All debts protected on a recurring basis
We can also support you with Consumer Protection packages
This is where an individual would insure himself, pay for it personally and usually includes products such as Critical Illness Cover, Personal Injury and Income Protection.
These plans generally pay out either a lump sum or monthly figure to assist you financially if you are unable to work due to illness or injury.
We are always happy to provide bespoke packages.