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Business Protection
Below are examples of the types of cover we can provide:
- Key Person Protection
- Loan Protection
- Shareholder Protection
As a business owner, you know there are certain people
your organisation simply couldn’t function without.
If something happened to one of your senior members of staff or decision makers,
the consequences both financially and practically can be immense.
Our advisers at Cherry Godfrey can help business owners get the cover they require to help them and their company get through this difficult period
Below are examples of the types of cover we can provide:
Repays business debts in the event of the death or serious illness of a key person.
Shareholder Protection
In the event of the death or long-term illness of a shareholder, Shareholder Protection
ensures that both the business ownership and the shareholder’s family are protected.
Frequently Asked Questions
What types of Business Protection policies do you offer?
The three main types of protection policies that we offer to business customers are Key Person Protection, Loan Protection and Shareholder protection. Our website’s Business Protection page explains how each of these policies work and if you’d like further information please don’t hesitate to contact one of our friendly advisers who will be happy to help you.
What types of businesses can you provide cover for?
We have solutions available for many different types of businesses, be it a limited company, sole trader, partnership or limited liability partnership (LLP). No two scenarios are the same and our advisers can help tailor the right protection package to meet the needs of your businesses.
How much does Business Protection cost?
This depends on the level of cover that you need along with the standard of health of the individuals being covered within the business, specifically their age, occupation, medical history and whether they smoke. Once your adviser understands more about your circumstances and needs they will be able to provide you with an initial quote.
What is Cherry Godfrey’s fee for reviewing my Business Protection Insurance?
Nothing at all! Our advisers are very happy to provide Business Protection advice free of charge, so please get in touch with them and find out how they can help you.
