Adding Life or Critical Illness Cover for a key person or people to a business protection plan can help keep your clients’ businesses afloat if a key employee dies or becomes critically ill.
Our Life or Critical Illness Cover for Business Protection is easy to customise to suit your clients’ business needs. We offer single life cover and they can choose increasing, decreasing or level cover.
Benefits of our Business Protection Life or Critical Illness Cover
Flexible to life's changes
We know life never stays the same for long, especially in a business, such as a key employee leaving or retiring. Your clients can alter their cover in the future to meet their changing needs, and in certain circumstances, their cover can be increased without the need for medical evidence.
Wide range of definitions
We cover a wide range of critical illness definitions. Visit our interactive definitions search tool for our full list of critical illness definitions.
Paying claims earlier
Our advanced surgery benefit means your clients get paid as soon as they’re on the NHS waiting list for any of the types of surgery we cover under our full payment conditions, giving them extra peace of mind.
Life or Critical Illness Cover written under a business trust with a supporting cross option agreement in place allows a partner or shareholder to have an agreement in place for their share of the business. And having business protection in place would also give the remaining shareholders the financial support to remain in control of their business as they could use the pay-out to buy your client’s shares.
In many cases we can offer cover before your clients' plans starts, from the moment they complete their application.
All our Business Menu Plans come with our Helping Hand support service.
Find out more information about the options and features of our Life or Critical Illness Cover, plan details and terms and conditions.
More information and resources
Fair Value Assessments
Understand how our protection products meet the needs of their target markets and help to deliver good customer outcomes.
Fact find template
Use our form to find out more about your clients' businesses to help identify the areas that need most protection.