DAVID ALLEN MORTGAGE AND INSURANCE SERVICES
Business Insurance
Would your business survive if you or a key employee had a critical illness or died? You can protect what you have built with Business Protection Life or critical Illness Insurance.
How we can help
RELEVANT LIFE COVER
Cover your business
If you own or run a limited company did you know the company can pay your life insurance policy and receive tax savings through your company?
Your family can still be the beneficiaries of any pay out, which will be placed in a trust for them which means that it will be paid to them tax free and protected from any business debt that may be owed.
Have you ever thought what would happen to your business if you could not work long term due to illness or injury? Will you lose everything you have worked so hard to build?
Your business can take out insurance to protect it from Critical illness or death of a key person, like business owner or a key employee.
BUSINESS LOAN PROTECTION
You can also protect any Business debts with Loan Protection Insurance, again this can be set up as a critical illness or life insurance policy paid for by your company.
KEY PERSON INSURANCE
Have you ever discussed and agreed with other partners or directors of your company what would happen if one of you died? Would you want your family to get your shares or the money that they are worth? How would the company raise the cash to buy them out?
SHARE PROTECTION
Your business can take out a Business Protection insurance policy, as before this can be set up as a critical illness or life insurance policy paid for by your company.
PARTNERSHIP PROTECTION
Partnership Protection provides partners with the cash flow necessary to buy back the ownership stake of a partner or member of a limited liability partnership who has died or taken ill.