Our Services

Business Loan Protection

The loss of a key person can put immense pressure on remaining owners if there are any outstanding financial commitments.

Many businesses take out loans to establish and develop their operations. More often than not, their capacity to repay the loan is reliant on a few key individuals. If either of those crucial people becomes critically ill or dies, the business loan cover can assist in paying off the outstanding loan.

Business Loan Protection is life assurance with or without critical illness cover included and can cover loan repayment and debts associated with the loss of a key person.

It is important for growing businesses to have this cover in place should the business experience the loss of an individual who has guaranteed a loan. Lenders may have the right to demand the business pays back any outstanding loans which can be difficult at short notice.

A policy is taken out on the life of a key individual at your business so that any money due from a claim can be used to help pay outstanding debts or loans.

The level of cover should reflect the terms of your loan and the amount needed to pay any outstanding borrowings.

Let's start with a FREE initial consultation

We’ll begin with a free, no-obligation conversation to understand if our service is right for you. There are no hidden fees or charges, and you’ll only pay if you choose to go ahead with the recommendations in your personalised financial plan.

Book a Consultation

We have developed a unique and innovative approach to financial planning over the years, in response to our clients’ needs.

Whether you’re a private client or a company, our team of experienced financial planners take a holistic view of your requirements to develop the right solution.

Get in touch and let’s grab a coffee together.

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