You've insured the building and the equipment. Key person, shareholder and loan protection covers the part that's harder to replace: the people.
Tick anything that applies to your business.
Tick a box to see which types of cover could be worth a conversation.
A quick starting point for a conversation, not advice or a recommendation. Emma will look at your business's needs and budget before suggesting anything.
Success often depends on one or two key people: their skills, their experience, their relationships. When you've worked alongside them for years, it's easy to underestimate what they're worth.
You can't predict what's around the corner. You can have the right protection in place to keep the business going.
Profits can drop fast if the person who drives sales or holds key contacts can't work.
Their share could pass to family with no knowledge of the business, or be sold to someone else.
Lenders often expect cover, and director's loan accounts need repaying on death.
Every business is different, so every plan is too. These are the main types of cover Emma can arrange.
A lump sum if a key person dies or becomes critically ill. Or a monthly income to replace the profit they bring in while they can't work.
Talk to Emma →Keeps the business in the hands of the people who built it, and makes sure an owner who's ill, or their family, gets fair value for their share.
Talk to Emma →Helps make sure business loans, and director's or partner's loan accounts, can be repaid if a key person becomes ill or dies.
Talk to Emma →A monthly benefit to the company if a key employee can't work through illness or injury, helping you keep paying them.
Talk to Emma →No jargon and no off-the-shelf packages. Just a plan that fits your business and your budget.
Tell her about your business, the people in it, who owns what and what you've borrowed.
Emma puts together a bespoke, flexible plan to suit your business's needs and budget.
Including a Business Trust and cross option agreement where they're needed, so any payout goes to the right people.
Bright Financial, Emma's award-winning mortgage and protection business, helps with first homes, moving, remortgaging and buy to let.
Every business is different, so the best place to start is a conversation. Call, WhatsApp or send a message, whichever suits you.
Fill this in and it'll open a pre-written email to Emma. It takes about 30 seconds.