Business protection

Protect your business and employees

People are the lifeblood of a business and for small businesses the reliance on the business owners, directors and key staff is even more critical.

Although a business owner cannot prevent ill health and tragedy, you can prepare to protect the consequences of such things happening in the future and these preparations could be the best business decision you ever make.

Business Owner Protection

Without adequate plans, the serious illness or death of a business owner can be catastrophic for the surviving owners. For shareholding directors of a limited company or the partners in a partnership or LLP, Business Owner Protection can put a plan in place should such a situation arise.

A Business Owner protection plan provides funds to purchase the seriously ill / deceased’s share, providing fair value to the deceased’s estate in exchange for retaining control and ownership for the surviving shareholders / partners.

Group Life and Group Critical Illness Protection

Despite the fact that we are living longer, there are still a significant percentage of people who will suffer a serious illness or even die during their working life.

Group life and critical illness insurance lets you, as an employer, provide your employees with an important and valued employee benefit; a lump sum in the event of diagnosis of a specified critical illness or death whilst they are in your employment. For your valued staff this provides some peace of mind and forms part of an attractive benefits package.

Key Person Protection

Key Person insurance helps cover your costs as a business from losing a valued member of staff should they become unable to work through illness or even die. It provides your business with a lump sum to help mitigate the loss of such a key person within the company.

Group income protection

As a business, the cost of long term sickness absence of key members of your staff is a significant one, not only in direct salary costs but also on the cost of covering their workload and the negative affect it can have on the morale of the rest of your team.

Through a group income protection scheme, you cannot only protect your business from such costs, but also provide financial support to employees suffering from a long-term illness. You can claim a proportion of an employee’s income whilst they are unable to work which you can then pass onto them until they are well enough to return to work.

The team at FB Wealth Management Ltd can help you put in place the Business Protection Schemes to suit your business needs. To talk to a Financial Adviser call 0333 11 222 11 or visit their website at

FB Wealth Management Ltd is authorised and regulated by the Financial Conduct Authority.