Business Cover allows you to protect your business from the impact of losing a shareholder or partner, whose death or illness would have a significant impact on the business.

Our plans come with Helping Hand, a support service that gives you access to recruitment and legal helplines, as well as access to a dedicated nurse who can help the person covered and their family during a difficult time.

These plans are only available through an independent financial adviser, who can help you to understand all your options before you decide on the right cover for you and your business.

Remember these plans don't have a cash-in value at any time and if you stop paying your premiums your cover will stop.

Some of the benefits of our Business Cover


Financial security

You can make sure that you or your family get fair value for selling your share of the business if you are too ill to work or die. 

Piece of mind

Piece of mind

You can protect yourself against losing control of your business if a shareholder or partner dies or is diagnosed with a critical illness. 


Underwrite Later

Cover can be started straightaway whilst we request any medical evidence we need to fully assess your application - providing you with valuable peace of mind that your business is protected straight away.

Helping Hand

The death or critical illness of a key member of staff in your company can have practical and emotional consequences. A financial payout may be enough to keep your business on an even keel, but losing crucial skills can mean uncertainty for customers and shareholders.

That’s why all our plans bought through an independent financial adviser come with Helping Hand - a comprehensive support service.

You’ll have access to independent support, like a recruitment helpline which can help with sourcing cover for a key member of staff. And a legal helpline that can help with any questions around employment law. What’s more, the person covered by the plan, their partner and their children, will have access to a dedicated nurse who can give tailored practical and emotional support for as long as it’s needed.

The dedicated nurse can recommend a number of additional services if they think it’s going to help. For example:

  • A second medical opinion
  • Support recovering from a heart attack
  • Speech and language therapy after a stroke
  • Complementary therapies to help manage symptoms or help with recovery
  • Bereavement counselling and support

We also offer access to independent career, legal and medical helplines to support you when you need advice or a professional opinion.

Helping Hand is a package of support services, provided by third parties that aren’t regulated by the Financial Conduct Authority. These services aren’t part of our terms and conditions, so can be amended or withdrawn at any time. 

Find out more

Waiver of Premium (Sickness)

Waiver of Premium (Sickness) is available as an add-on to our tailored plans and we automatically include it with Key Person Income Protection.

This means if the person covered has an accident or illness that leaves them unable to work or carry out a number of tasks, you won't have to worry about monthly policy payments as we’ll pay these for you. You can decide the amount of time between you stopping work and us paying your premiums. The choices are 4, 8, 13, 26 or 52 weeks. 

Value of advice

If you think that our Business Cover could be right for you the next step is to speak to an independent financial adviser. There are many benefits to independent advice.

Find out more about the value of advice