Protect you, your family and your home
Protect the People Who Power Your Business
Every successful business relies on key people – directors, shareholders, partners, or vital employees. But what happens if one of them becomes seriously ill or passes away?
Business protection insurance helps safeguard your company from the financial impact of losing a key person, ensuring continuity, stability, and control in uncertain times.
At Prime Mortgage Centre, we offer clear, tailored advice on business protection – so you can protect what you’ve worked hard to build.
What Is Business Protection Insurance?
Business protection includes a range of policies designed to support companies if a key individual dies or is diagnosed with a critical illness. Common types include:
-
Key Person Cover – pays out a lump sum if a key employee or director dies or becomes critically ill.
-
Shareholder/Partnership Protection – helps surviving owners buy back shares to retain control of the business.
-
Business Loan Protection – covers outstanding business debts if a guarantor passes away.
These policies help your company stay afloat financially, repay loans, recruit replacements, or keep decision-making in trusted hands.
Why It Matters
Without business protection, the unexpected loss of a key person could lead to:
-
Disruption to operations or contracts
-
Loss of income or clients
-
Difficulty repaying business loans
-
Ownership disputes or forced sale of shares
-
Financial strain on surviving business partners or employees
Having the right protection in place can make all the difference between survival and closure.
Who Needs It?
Business protection is important for:
-
SMEs and family-run businesses
-
Start-ups reliant on one or two founders
-
Companies with directors or shareholders
-
Any business with loans or personal guarantees
-
Firms where specific individuals are critical to success
Whether you are a sole trader, limited company, or partnership, we will help assess the financial risks and design a protection plan that fits your needs.
How We Help
At Prime Mortgage Centre, we understand the importance of people in business. We offer:
-
Tailored advice based on company structure and goals
-
Access to leading UK insurers
-
Assistance with trusts and legal arrangements
-
Coordination with accountants or legal advisers if needed
We will keep things simple, and make sure the right people are protected in the right way.
Future-Proof Your Business
You work hard to grow your business – make sure it is protected. Business protection insurance gives you the stability and confidence to keep going, even when life throws up challenges.
Speak to our team today to protect your company’s future.