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Essential cover for your business

Key Person Cover | Could be a life saver

Have you considered how crucial key man cover could be for your business? Find out how other companies use it successfully and get the essential cover you need at the best rates.

We are business insurance specialists, making us the perfect fit for your insurance needs.

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Amazing benefits...
  • Essential tax-free lump sum
  • Cover your business's essential income
  • No benefit-in-kind tax
  • Life and critical illness options available
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It could save your business

Key Person Insurance

Do you have key members of your team that would affect the cash flow of your business if they were unable to work? If you do, your business could benefit from Key Person insurance.

Key person cover can be implemented for any key team member. It could be administration, sales, directors, and even business owners. In the event of their death or critical illness, the policy pays a tax-free benefit to the business to help it make adjustments and survive.

Businesses use key person cover for various events. To find out how your business can benefit, call or contact us. We are happy to discuss your case free of charge and point you in the right direction.

Book a free call back now
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Share buy-back

Can key person insurance be used to buy out shareholders?

One of the most popular reasons company directors are looking for key person cover is for share buybacks in the event of death. It is common for business partners to agree that in the event of their death, the surviving business partners can buy their shares and take control of the company.

The misconception is that key person insurance can help fund this. However, this is a specific policy called 'shareholder protection'.

For more information on shareholder protection, follow the link below and discover how this can benefit your business

Discover 'Shareholder Protection'
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Cheapest Premium Guarantee

The great news is we do all the work for you and find you the most cost-effective key person insurance. We can provide quotations from every UK insurer, so there is no need for comparison sites and multiple calls from multiple insurers.

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What's next
We save you time and do all the work for you.
Request a call or quote
Have a five-minute chat with us, ensure your business qualifies and ask any questions you have; there is no obligation.
Find the best value insurer
We only need the date of birth, smoking status and the cover amount, and we can get quotes from all the UK's leading insurers.
Complete all applications over the phone
If you decide to proceed, we can complete all applications over the phone; no paperwork is required.
Cover goes live
Once approved, your cover will be live, and you will ensure you have all the information you need. We also keep copies in case you ever need them in future.
Find out the cover that your business needs
Book your free call now

It only takes five minutes, no sales waffle, just simply answers to your questions.

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What our clients think


Smooth process, easy to deal with and most importantly they saved me a lot of tax by switching my policy to one that could be paid for by the business.

James Tonry

Recently used them for relevant life and income protection. Professional and informative.

Ross Hutchinson

I set up shareholder protection policies for me and my business partners through Executive Life. They found us competitive quotes and the process was swift. I would highly recommend to other company directors.

David J

Executive Life helped me find the best deal for my life insurance policy and also my income protection policy. It was very easy and the process took no time at all - I would highly recommend them!

George Mitchell

Very happy with the service and process I went through. They explained how the income protection policy worked and how it would be tax efficient for me through my limited company.

Jodie Newell

Other Broker Services

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Key Man Insurance Cover

A key person policy pays the business a lump sum when a key person who works for that business suffers a specified critical illness or dies. It's a simple term assurance policy that protects the business against losing a key person.

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Private Business Health Insurance

Private business health insurance can be paid for by your company as an expense and can also be extended to include your family. Corporation tax relief is available, however, a benefit in kind tax will be due on the value of the business health insurance premiums. This is usually more tax efficient than paying for the premiums personally.

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Executive Income Protection

Executive income protection is a tax-efficient policy that pays 80% of your monthly income to the business if you are unable to work due to sickness or ill health, until you return to work.

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Business Wills & Estate Planning

As a business owner, shareholder or key person, you may find that things get complicated when writing your business will or planning your estate. With business wills, effective writing and planning can help make sure who inherits your shares or estate when you pass away, preventing your business interests from passing to someone unsuitable or someone who is ill-equipped.

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Shareholder Protection Insurance

In the event of the death of a shareholder the shares that they previously owned could be inherited by another family member, making this person you may never have met, a key shareholder in the decision making of your business. This is a very common risk that can be eliminated by using a simple shareholder protection policy.

Executive Life

Ready To Get Cheaper Business Life Insurance Premiums?

Ready to start getting cheaper business life insurance premiums? Contact our team of dedicated life insurance advisors and wealth managers today to arrange your free consultation.

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