Why put the business
you and your colleagues have built at risk?

Key person insurance

Loan payment protection

Shareholder protection

Relative life plans

Unexpected death of a valued colleague or employee could put your business at risk - protect it's continuity.

Arrange a callback

or call 0121 616 0216 and get started now

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How can we help?

Can you answer YES to any of these questions?

Are you paying for life cover from your personal account for the benefit of your loved ones?

If a valued employee died unexpectedly do you think you would struggle to maintain levels of business without them or, worst still, lose business because of their unexpected loss?

Again, if a valued employee died unexpectedly do you think you would struggle to maintain payments to an outstanding business loan due to the contribution they made from winning and maintaining new business?

If a shareholder within your business died unexpectedly do you think you, and any fellow shareholders, would struggle to raise the capital necessary to buy his share of the business?

If you answered YES to any of the questions above, READ ON!

Relative life plan

A Relative Life Plan (RLP) is a life insurance policy owned by your company written into trust to ensure any benefits are paid directly to your chosen beneficiaries. The policy could also include critical illness cover. This structure can provide considerable tax advantages in the following circumstances -

A tax efficient way of providing death benefits for your family.

Use such a structure to top up benefits provided by a death in service scheme.

Provide death benefits if your company isn't big enough to have a death in service scheme.

As an employer provide a valuable tax efficient employee benefit.

Key person protection

A key person protection policy enables your company to protect itself from the financial loss that may occur whilst finding a replacement for a key employee that unexpectedly dies. The policy is owned by the company, the premiums paid by the company and the company is the sole beneficiary.

There are recognised methods used to calculate life office acceptable sums assured which your Lawrie Mortgages business protection adviser can help you with. They will ensure you are sufficiently protected and within any life office guide lines. They will also guide you on how to write the policy in the most tax efficient way.

Lawrie Mortgages can compare the whole protection market to find you the provider that offers the best terms and at the best price. This policy could also include critical illness cover.

Loan protection

This is a life policy used to protect the payment of a business loan should a key person unexpectedly die. The policy should reflect the business loan provider contractual terms, such as the repayment term and whether the loan is on a repayment basis or interest only basis. The sum assured will be the outstanding loan amount at the start of the policy.

This policy compliments the key person policy and can include critical illness cover.

Shareholder protection

This is a life policy which provides a lump sum on death of a shareholder. This gives the remaining shareholders the option of buying the share of the deceased shareholder mitigating any likely disruption to the business.

Your Lawrie Mortgages business protection adviser will help you with calculating the sum assured to ensure you are adequately covered. They will also guide you on how to write the policy in the most tax efficient way.

This policy can include critical illness cover.

What next?

You have probably already come to the conclusion that protecting your business against unexpected death could prove vital to its survival. However, all businesses have a finite amount of money and budgeting for the cost is also vital.

We can help you decide on your available budget and prioritise. We will ensure you have the optimum protection for your available budget giving you peace of mind safe in the knowledge that if the unexpected does occur your business has the financial resource to continue.

You can start your enquiry by arranging a callback or call us on

0121 616 0216