Business Insurance

Protect yourself and the future of your business with our range of business protection insurance that covers your key people and its shareholders.


Safeguard your business’ future

While many businesses insure their material assets, protecting their most important assets – their key people – can often be overlooked. Our insurance solutions protect the financial stability of your business from unforeseen circumstances, such as the death or serious illness of a shareholder, director or other key employee.

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Shareholder Protection

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Key Man Business Insurance

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Key Man Income Protection

Who is a key person?

A key person is anyone whose contribution is relied on for the smooth running, profitability and growth of a business - the ones whose absence could make or break a business. Roles that are classed as “key” can vary from business to business, but tend to be:

  • Owners
  • Managing directors
  • Technical experts
  • Team managers
  • Skilled employees
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Why do I need business protection insurance?

The loss or illness of a key member of staff can put significant financial pressure onto a business. In fact, 52% of businesses would cease trading in under a year if a key person died or became critically ill.* Productivity can go down and finding a temporary or permanent replacement costs businesses in terms of time and money.

Our business protection insurance policies give you peace of mind that, should the worst happen, your business has the means to continue operating during a difficult time.

  • Maintain customer confidence
  • Protect your employees
  • Keep your business running
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Key Person Insurance

The success of a business can be seriously compromised by the death or critical illness of an owner or a key person within the company. Key person insurance – sometimes referred to as key man insurance – mitigates the financial impact of such a loss by paying out a lump sum to make up for any loss in revenue or profits during the difficult time.


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Key Person Income Protection

If a skilled member of staff is unable to work due to an injury or illness, do you have the means to replace the associated revenue loss? Our key person income protection policy pays you a monthly income in this event, so you can keep the business running during a stressful period.  

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Shareholder Protection

The loss of a shareholder can have a serious impact on a business, both in terms of the equity they provide and leadership responsibilities. Shareholder Protection provides the capital for the remaining shareholders to buy the deceased’s shares. This way, the business stays in the control of the other shareholders rather than passing to the deceased’s beneficiaries.


Properly Protecting yourself

As business owners, protecting your family, spouse and personal income is just as important as safeguarding the future of your business. We offer a range of tailored personal insurance solutions that keeps the financial security of your loved ones secure should you die or become unable to work due to injury or illness.

Discover more about our different types of cover, including critical illness, income protection and life insurance.


Contact us

The above cover is available across several different policies and all cover is subject to underwriting and individual circumstances.