Business protection insurance protects a company financially when its owners or employees are affected by illness or death, making sure the business survives in challenging times.
Business protection insurance, as the name suggests, protects businesses in the event of owners or key employees dying, being unable to continue working due to disability or being diagnosed with a critical illness. This type of cover will protect against financial losses and ensure minimal disruption to a business if such an event occurs.
There is a range of policies to choose from to protect sole traders, partnerships, shareholders and key employees. A policy can also be taken out to cover the repayment of a business loan. Cover can be set up to insure more than one life if necessary and usually when a claim is made, a cash payment would be made to the remaining owners of the business.
At Business Butler, our Insurance Experts will listen to you and devise a bespoke policy according to your needs.
To find your ideal Insurance Expert, you can either use our matching engine or complete the quick contact form and one of our experts will call you back. Please note that the initial consultation is free and without obligation.