FOR ADVISERS ONLY
Business Protection Life Cover
Many businesses rely on high value employees that can't be easily replaced. Adding Life Cover for a key person or people to a business protection plan can help your clients' businesses cope with the loss of a key employee.
Our Life Cover for business protection is easy to customise to suit your clients' business needs. We offer single life cover and you can choose increasing, decreasing or level cover.
Benefits of our Business Protection Life Cover
- Flexibility - your clients' cover can be amended if their circumstances change in the future, for example a key employee leaving or retiring, or the company taking out a loan to help with expansion plans.
- Adapting to life's changes - we know life never stays the same for long. So in certain circumstances, cover can be increased without the need for medical evidence.
- Underwrite Later - There are times when we need to request further medical information in order to fully assess a client's application. This can sometimes cause delays, but with our Underwrite Later option, Life Cover of up to £3.5m can be started straight away, while we are waiting for the medical information - providing valuable peace of mind that your client’s business is protected at this time.
- Personal support - our business menu plans also come with our Helping Hand support service, giving the business as well as the people covered, their partners and children access to a dedicated nurse. The service also gives your clients access to a recruitment helpline that can help find candidates for temporary or permanent cover for a key person.