Specialist Insurances
Business protection insurance is a type of insurance that protects businesses from financial losses in the event of the death, critical illness, or disability of a key person in the business. Key people can be business owners, partners, directors, or key employees.
These insurances can take several forms – although we cover them below, in the first instance, it’s worth booking a chat with the team to talk through your unique situation and circumstances to determine what are potential options for your business.
Business protection insurance is important for businesses of all sizes, but it is especially important for small businesses that rely on a few key people. If one of these key people is unable to work, it can have a devastating impact on the business. Business protection insurance can help to mitigate these risks and protect the financial future of the business.
Here are some of the specific reasons why business protection insurance is important:
- It can help to keep the business running smoothly in the event of a key person’s death or illness.
- It can provide financial support to the family of the deceased or ill key person.
- It can help to prevent the business from going into financial difficulty.
- It can help to protect the investment of the business’s owners and shareholders.
- It can help to ensure the continuity of the business.
If you are a business owner, it is important to consider getting business protection insurance. This can help to protect your business and your family’s financial future in the event of an unexpected event.
The different types of Specialist Insurance available
Key Person Protection Insurance
In most small and medium sized businesses, the success of the business depends on just one or two key people. If you’ve worked with these people for many years it’s easy to underestimate just how value they add to the company. Unfortunately, we can never be sure what’s round the corner. Sometimes, without warning, life throws us a curve ball and this is why business protection is so important. You can’t predict what will happen in the future, but you can make sure you have the right protection in place to keep your business operational if a key person becomes critically ill or dies.
Key Person Protection (also known as key man insurance or key person insurance) allows a business to insure itself against the financial loss it would suffer if a key person in their business died or were diagnosed with a specified critical illness, during the length of the policy.
Key Person Protection is a life assurance or life assurance and critical illness cover policy taken out to cover the life of a key person within your business. The policy is owned and paid for by the employer, so any pay out is payable to the employer and not the employee.
Relevant Life Insurance
Relevant Life Insurance is a term assurance plan available to employers to provide an individual death in service benefit for an employee. It pays a lump sum if the person covered dies or is diagnosed with a terminal illness, whilst employed during the term. The Relevant Life is paid for by the employer, and although the plans are similar to most other types of life cover except they aim to provide a tax efficient benefit provided by an employer for an employee.
Shareholder or Partnership Cover
A policy that can provide businesses with a cash lump sum in the event one of the owners dies or suffers a severe illness. This helps the remaining business owners minimise disruption to the business, by providing capital that enables them to buy that shareholder’s or partner’s shares and so keep control of their organisation.
Business Loan Protection
This provides a lump sum to cover your business loans and other credit facilities if a business owner dies or becomes seriously ill. In the event you lose a business partner, you may want or need to repay outstanding business loans, some of which may have personal guarantees or have to be repaid when someone dies.
Read some of our blogs specifically about Specialist Protection Insurance
DOWNLOAD THE LATEST COPY OF OUR MORTGAGE AND PROPERTY MAGAZINE
Just because your current mortgage lender worked for you in the past doesn`t mean it`s still the best fit for your current needs...
By exploring what other lenders have on offer, you might discover better deals that are more suited to your current needs!
Whether you`re looking to save money, release equity, or consolidate debt, we`re here to guide you through the remortgage process.
Give us a call on 0800 612 5596 - our advice to you is FREE!
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#remortgageuk #houseowner #homeownerlife #homeownertips #howtosavemoney #houseaddictive
Just because your current mortgage lender worked for you in the past doesn`t mean it`s still the best fit for your current needs...
By exploring what other lenders have on offer, you might discover better deals that are more suited to your current needs!
Whether you`re looking to save money, release equity, or consolidate debt, we`re here to guide you through the remortgage process.
Give us a call on 0800 612 5596 - our advice to you is FREE!
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#remortgageuk #houseowner #homeownerlife #homeownertips #howtosavemoney #houseaddictive
If you`re a member of the Armed Forces and need mortgage advice - we`re here to support you.
We`re a team of (ex-military) Mortgage Advisors, who understand the pressures you face and speak your language - from the terminology to the banter of service life.
We can even read military pay statements!
Visit our website to learn more (🔗 in bio) or give us a call on 0800 612 5596.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#armedforces #militaryfamily #ukarmedforces #ukmilitary #ukveterans #forcesfamilies #ukveteranowned #mortgagebroker
If you`re a member of the Armed Forces and need mortgage advice - we`re here to support you.
We`re a team of (ex-military) Mortgage Advisors, who understand the pressures you face and speak your language - from the terminology to the banter of service life.
We can even read military pay statements!
Visit our website to learn more (🔗 in bio) or give us a call on 0800 612 5596.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#armedforces #militaryfamily #ukarmedforces #ukmilitary #ukveterans #forcesfamilies #ukveteranowned #mortgagebroker
Worried about the unexpected?
Income protection insurance can provide you with a monthly income to replace any lost income if an accident or sickness keeps you from working.
But do you really need it?
The truth is, no one likes to think about the what-ifs, but it`s always better to be cautious and ensure you`re well-covered. You can breathe a little easier, knowing that your financial well-being is safeguarded.
If you`d like help in finding the right policy for you, our insurance advisor Kelly is on hand. Send us a message, or call us on 0800 612 5596.
...
#incomeprotection #financialplanning #moneylessons #mortgagebrokers #mortgageprotection
Worried about the unexpected?
Income protection insurance can provide you with a monthly income to replace any lost income if an accident or sickness keeps you from working.
But do you really need it?
The truth is, no one likes to think about the what-ifs, but it`s always better to be cautious and ensure you`re well-covered. You can breathe a little easier, knowing that your financial well-being is safeguarded.
If you`d like help in finding the right policy for you, our insurance advisor Kelly is on hand. Send us a message, or call us on 0800 612 5596.
...
#incomeprotection #financialplanning #moneylessons #mortgagebrokers #mortgageprotection
If your mortgage application gets refused, don’t think that’s it.
Our experts know the market inside out and can help you find lenders more inclined to consider your circumstances and process your application. Give us a call on 0800 612 5596 or tap the link in our bio.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#mortgageadvice #mortgagehomes #propertymarket #hampshirelife #mortgageprocess #mortgagebrokeruk #homeuk #mortagebrokers #homeownership #dreamhome
If your mortgage application gets refused, don’t think that’s it.
Our experts know the market inside out and can help you find lenders more inclined to consider your circumstances and process your application. Give us a call on 0800 612 5596 or tap the link in our bio.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#mortgageadvice #mortgagehomes #propertymarket #hampshirelife #mortgageprocess #mortgagebrokeruk #homeuk #mortagebrokers #homeownership #dreamhome
Arranging a mortgage can be extremely time-consuming and stressful - so we aim to make it easy!
👉🏻 Appointments at a time and place that suits you (including out-of-hours)
👉🏻 We don`t charge a broker fee
👉🏻 We search a comprehensive panel of lenders to ensure you`re provided with the most suitable recommendation for your unique circumstances
👉🏻 We cut through the jargon and are always on hand to answer your questions
👉🏻 You`ll have a single point of contact and be able to easily track the progress of your application.
👉🏻 Your mortgage is not just another mortgage to us – we know this is your home and probably your largest financial commitment, and we want to make it as simple as possible for you.
Tap the link in our bio to learn more!
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#loveproperty #housebuying #movehouse #ukmortgages #mortgageadvice
Arranging a mortgage can be extremely time-consuming and stressful - so we aim to make it easy!
👉🏻 Appointments at a time and place that suits you (including out-of-hours)
👉🏻 We don`t charge a broker fee
👉🏻 We search a comprehensive panel of lenders to ensure you`re provided with the most suitable recommendation for your unique circumstances
👉🏻 We cut through the jargon and are always on hand to answer your questions
👉🏻 You`ll have a single point of contact and be able to easily track the progress of your application.
👉🏻 Your mortgage is not just another mortgage to us – we know this is your home and probably your largest financial commitment, and we want to make it as simple as possible for you.
Tap the link in our bio to learn more!
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#loveproperty #housebuying #movehouse #ukmortgages #mortgageadvice
Excited for Army V Navy rugby at Twickenham! Who`s your bet on? Andy`s team Army, Amanda`s team Navy, and the rest of us? We`ll be busy enjoying the ice-cold refreshments! 🍻
...
#armyvnavy #armyvnavyrugby #armynavy #armynavyrugby #twickenhamstadium #mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness
Excited for Army V Navy rugby at Twickenham! Who`s your bet on? Andy`s team Army, Amanda`s team Navy, and the rest of us? We`ll be busy enjoying the ice-cold refreshments! 🍻
...
#armyvnavy #armyvnavyrugby #armynavy #armynavyrugby #twickenhamstadium #mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness
House hunting this weekend? It can be easy for things to slip your mind when you arrive at a house viewing. So, before you head out, create a list of your must-haves and questions to ask.
Here are some things you might want to include:
🔹 Take a walk around the neighbourhood, does it have the sense of community and the amenities you`re looking for?
🔹 Ask about the fixtures and fittings included in the sale.
🔹 Enquire about any work done to the house and if proper permission was sought.
🔹 Keep an eye out for any signs of damp, plumbing issues, electrical problems, or ageing to the roof.
🔹 Imagine yourself living in the space. Is there enough space for your furniture and belongings? Are the sockets in convenient places?
🔹 Most importantly, ask yourself if it`s the type of place you want to call home.
Do you have other house-hunting tips to share? Leave them in the comments below! And remember to save this for later.
...
#housebuyingtips #houseviewing #housebuying #movehouse #ukmortgages #mortgageadvice
House hunting this weekend? It can be easy for things to slip your mind when you arrive at a house viewing. So, before you head out, create a list of your must-haves and questions to ask.
Here are some things you might want to include:
🔹 Take a walk around the neighbourhood, does it have the sense of community and the amenities you`re looking for?
🔹 Ask about the fixtures and fittings included in the sale.
🔹 Enquire about any work done to the house and if proper permission was sought.
🔹 Keep an eye out for any signs of damp, plumbing issues, electrical problems, or ageing to the roof.
🔹 Imagine yourself living in the space. Is there enough space for your furniture and belongings? Are the sockets in convenient places?
🔹 Most importantly, ask yourself if it`s the type of place you want to call home.
Do you have other house-hunting tips to share? Leave them in the comments below! And remember to save this for later.
...
#housebuyingtips #houseviewing #housebuying #movehouse #ukmortgages #mortgageadvice
Choosing the right mortgage can be daunting, but making a smart decision is really important for your financial health.
So, let`s break down the difference between fixed rate and variable rate mortgages.
🔒 Fixed rate
The interest rate is fixed for an agreed period of time (usually between two and five or ten years).
While the interest rates are usually higher than for variable mortgages, you have the security of knowing it won’t rise.
📈 Variable rate
The interest rate can go up or down in accordance with the lender`s base rate.
This means that your monthly payments may fluctuate, but you could potentially benefit from lower interest rates if the base rate drops.
We`re here to help you weigh the pros and cons for your unique situation. Don`t hesitate to reach out with questions, and hit follow for more tips.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#firsttimebuyeruk #firstimehomebuyers #propertyladder #firsttimehomeowners #firsttimebuyertips
Choosing the right mortgage can be daunting, but making a smart decision is really important for your financial health.
So, let`s break down the difference between fixed rate and variable rate mortgages.
🔒 Fixed rate
The interest rate is fixed for an agreed period of time (usually between two and five or ten years).
While the interest rates are usually higher than for variable mortgages, you have the security of knowing it won’t rise.
📈 Variable rate
The interest rate can go up or down in accordance with the lender`s base rate.
This means that your monthly payments may fluctuate, but you could potentially benefit from lower interest rates if the base rate drops.
We`re here to help you weigh the pros and cons for your unique situation. Don`t hesitate to reach out with questions, and hit follow for more tips.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#firsttimebuyeruk #firstimehomebuyers #propertyladder #firsttimehomeowners #firsttimebuyertips
Considering paying off your mortgage early? Here are some key things to consider:
🔹 If you have an incentivised or discounted mortgage deal, paying it off early could lead to hefty penalties.
Before making a decision, be sure to calculate if the potential interest savings outweigh the early repayment charges.
🔸 Take into account your mortgage interest rate compared to other types of borrowing.
If you have other loans or credit card debt with higher interest rates, it might be better for your overall financial health to pay those debts off first.
🔹 Ensure that it makes financial sense for your specific circumstances.
If you stand to lose a significant amount of money, it’s clearly not a good idea, regardless of how good it might sound to say that you’re mortgage-free.
We`re here to guide you through the various pitfalls involved in obtaining a mortgage, remortgaging and even paying off your mortgage.
And the best bit is... We don`t charge a broker fee!
Tap the link in our bio to learn more or call us on 0800 612 5596.
And remember to save this for later!
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#payoffmortgage #payoffdebt #homeownerlife #homeownertips #homeownergoals #moneytips
Considering paying off your mortgage early? Here are some key things to consider:
🔹 If you have an incentivised or discounted mortgage deal, paying it off early could lead to hefty penalties.
Before making a decision, be sure to calculate if the potential interest savings outweigh the early repayment charges.
🔸 Take into account your mortgage interest rate compared to other types of borrowing.
If you have other loans or credit card debt with higher interest rates, it might be better for your overall financial health to pay those debts off first.
🔹 Ensure that it makes financial sense for your specific circumstances.
If you stand to lose a significant amount of money, it’s clearly not a good idea, regardless of how good it might sound to say that you’re mortgage-free.
We`re here to guide you through the various pitfalls involved in obtaining a mortgage, remortgaging and even paying off your mortgage.
And the best bit is... We don`t charge a broker fee!
Tap the link in our bio to learn more or call us on 0800 612 5596.
And remember to save this for later!
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#payoffmortgage #payoffdebt #homeownerlife #homeownertips #homeownergoals #moneytips
Being a small team that really loves helping people buy, remortgage, and protect their homes, we couldn`t be more proud to be rated 5 stars on Trustindex! 🌟 With over 230 reviews from happy clients, it just goes to show the care and expert knowledge our team put into their work.
And the best bit? We don`t charge a broker fee!
Tap the link in our bio to learn more, or give us a call on 0800 612 5596 to arrange a chat.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness #ukpropertymarket
Being a small team that really loves helping people buy, remortgage, and protect their homes, we couldn`t be more proud to be rated 5 stars on Trustindex! 🌟 With over 230 reviews from happy clients, it just goes to show the care and expert knowledge our team put into their work.
And the best bit? We don`t charge a broker fee!
Tap the link in our bio to learn more, or give us a call on 0800 612 5596 to arrange a chat.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness #ukpropertymarket
It`s no secret that improving your home is a great way to increase it`s value, and the benefits extend beyond the indoors.
By transforming your outdoor space, you will add value and create an inviting oasis for entertaining and unwinding.
Need to free up some cash to bring your dream space to life? A remortgage could be the solution!
Get in touch and we`ll evaluate your situation and help you make informed decisions on the remortgage options available to you.
And did we mention - we don`t charge a broker fee!
Send us a DM or call us on 0800 612 5596 to chat with one of our mortgage advisors.
...
#loveproperty #houseowner #homeownerlife #homeownertips #homeimprovement #loveyourhome #moneymanagementtips
It`s no secret that improving your home is a great way to increase it`s value, and the benefits extend beyond the indoors.
By transforming your outdoor space, you will add value and create an inviting oasis for entertaining and unwinding.
Need to free up some cash to bring your dream space to life? A remortgage could be the solution!
Get in touch and we`ll evaluate your situation and help you make informed decisions on the remortgage options available to you.
And did we mention - we don`t charge a broker fee!
Send us a DM or call us on 0800 612 5596 to chat with one of our mortgage advisors.
...
#loveproperty #houseowner #homeownerlife #homeownertips #homeimprovement #loveyourhome #moneymanagementtips
Getting a mortgage on a non-standard property may involve higher interest rates or larger deposit requirements, but with careful planning and expert help, your homeownership dreams can become reality!
Our team of experts are on hand to connect you with accommodating lenders and help negotiate favourable terms. Click the link in our bio to learn more.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#nonstandardconstruction #thatchedroof #gradeii #thatchedcottage #housebuying #mortgagetips #ukmortgages #mortgagespecialists
Getting a mortgage on a non-standard property may involve higher interest rates or larger deposit requirements, but with careful planning and expert help, your homeownership dreams can become reality!
Our team of experts are on hand to connect you with accommodating lenders and help negotiate favourable terms. Click the link in our bio to learn more.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#nonstandardconstruction #thatchedroof #gradeii #thatchedcottage #housebuying #mortgagetips #ukmortgages #mortgagespecialists
