Protect your Business

Key person insurance

Key person insurance pays your business a lump sum if a crucial employee or director dies or is diagnosed with a critical illness. It helps cover lost revenue, recruitment costs, or other expenses while the business adapts.

Relevant life cover

Relevant life cover is a tax-efficient life insurance policy paid for by the business, providing a death-in-service benefit to an employees family.  

Shareholder protection

Shareholder protection ensures the remaining business owners can buy back shares if a shareholder dies or becomes critically ill. It helps maintain control of the business and ensures the shareholder’s family receives fair value.

How we can help

As experienced financial advisers, we can help you:

  • Identify the types of protection insurance suited to your needs

  • Recommend the most appropriate policies for you and your business

  • Assist with applications and trust setup where needed

Speak to an adviser

Quick answers

  • Key person insurance can be tailored to your business size, covering essential staff without straining finances.

  • Some business protection policies, like Relevant Life Cover, can be treated as an allowable business expense. Personal protection premiums are usually not tax-deductible.

  • If your business relies on key individuals, has multiple shareholders, or if you’re personally responsible for repaying a business loan, business protection insurance can help safeguard income, ownership, and the long-term continuity of the business.

    Even if these circumstances don’t apply and you’re self-employed with no staff, your business is still your primary source of income. That’s why having the right personal cover in place, such as income protection and critical illness cover, is essential.


What our clients say

testimonials

“The team at The Money Partnership are excellent. Geraint & Dave offer expert financial advise across all sectors and there’s no pressure to take the products offered, everything is put across in a professional, friendly and down to earth manner. I must extend my sincere thanks to Dave who’s worked extremely hard on my recent re-mortgage and prior to that various life policies that were needed for my business. Dave has always kept me informed of progress and won’t hesitate to get involved with lenders or solicitors to chase things up if required. Absolutely first class guys!

Julian

POLICIES HAVE NO CASH-IN VALUE AT ANY TIME. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.