Features of our business protection insurance include:

Relevant Life cover

A tax-efficient alternative to a ‘death in service’ benefit that allows you to pay your key employee’s family a cash lump sum if they die while employed by your company.

Key employee cover

Key person cover is designed to help protect your business in the event of death or severe illness of one or more key employees. If your key employee dies or becomes seriously ill, the policy pays out a lump sum to make up for any loss in your revenue or profits, helping to keep your business on track.

Shareholder or partnership cover

The  cover can provide business with a cash lump sum if one of the owners dies or suffers a severe illness. This helps the remaining business owners minimise disruption to the business, by providing capital that enables them to buy that shareholder’s or partner’s shares and so keep control of their organisation.

Business loan protection

This provides a lump sum to cover your business loans and other credit facilities if a business owner dies or becomes seriously ill. In the event you lose a business partner, you may want or need to repay outstanding business loans, some of which may have personal guarantees or have to be repaid when someone dies.

Helping you find your business Protection insurance plan

Your dedicated Towergate Health & Protection business Protection insurance adviser will be pleased to help you identify key priorities, guide you to the best available solution and provide ongoing support, be that amending your future protection to meet the changing circumstances of your business, or helping should you need to claim on your policy.

Chase Templeton Limited is registered in England and Wales No. 3299980 – registered address: 5 Arkwright Road, Blackburn Interchange, Darwen, BB3 0FG. Towergate Underwriting Group Limited is registered in England and Wales No. 4043759 – registered address: Towergate House Eclipse Park Sittingbourne Road Maidstone Kent ME14 3EN.  VAT Registration No: 447284724.