Group Protection

Group Income Protection

provides employees/directors sick pay cover by paying their monthly salary when unable to work through accident, illness or injury.
Did you know…when SSP (statutory sick pay) is paid this is no longer refundable from HMRC and is a business expense.

Would you like to know your employees and directors can provide for their family’s month to month even when they are off long term sick, giving them financial peace of mind to focus on their health?

The business also benefits by covering Employers NI & Pension contributions, which also provides the business financial peace of mind for additional employee costs.
This cover has tax efficiencies, for both the business and individuals:

Why Do you Need it?

Provides monthly income for the business by protecting against the financial impact of their employees being unable to work – pays their sick pay and additional costs.

Who Will It Benefit?

All Employees
Includes: earnings, dividends and P11D benefits. Additional cover can also include Employers NI & Pension Contributions.

 

What are the Tax/National Insurance Efficiencies & Implications?

Shareholder Owned

What my Clients Say

Group Life
(Death in service benefit )

provides employees/directors a death in service benefit by paying a lump sum upon Death. 

Would you like to know your employees’ families have additional financial peace of mind?

This cover has tax efficiencies, for both the business and individuals:

Why Do you Need it?

Provides life insurance for premature death for employees on a group death in service benefit.

Who Will It Benefit?

All Employees

What are the Tax/National Insurance Efficiencies & Implications?

Group Critical Illness Cover

provides employees/directors a lump sum payment if they are to become Critically Ill with a named condition supported by your provider.
Would you like to know your employees’ families have additional financial peace of mind?
This cover has tax efficiencies, for both the business and individuals:

Why Do you Need it?

Provides critical illness cover for defined conditions in an economical way under a group.

Who Will It Benefit?

All Employees

What are the Tax/National Insurance Efficiencies & Implications?

Loan Protection

Loan protection, protects the guarantor of a Business Loan or a Directors Loan by paying a lump sum upon diagnosis of a Critical Illness or Terminal Illness and Death.

Could your business afford to pay the debt if the loan was to be called up by the lender?

This cover will allow the company to insure against the loss of the guarantor who was no longer in the business.  Lenders will be paid without any concerns for the remaining business owners of the debt being called up at time of uncertainty, usually, the guarantor of a loan is a Key Person.

Why Do you Need it?

Helps the business pay an outstanding overdraft, loan or commercial mortgage, after the death, terminal illness, or critical illness, of the loan’s guarantor.

Who Will It Benefit?

Owners, Shareholders and Directors of small businesses who has a Directors Loan, Commercial Loan which is in their name or liable for.

What are the Tax/National Insurance Efficiencies & Implications?

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