Business Protection
Get advice for business protection.
Relevant Life
Relevant life insurance is a business protection option tailored for small companies, allowing them to offer a death-in-service benefit to their employees.
Unlike group schemes, which are often designed for larger companies with five or more employees, relevant life insurance provides a more tax-efficient solution for company directors seeking life insurance.
*HM Revenue and Customs practice and the law relating to taxation are complex and subject to
individual circumstances and changes which cannot be foreseen.
Keyman Insurance
Keyman insurance is a unique variation of life insurance. In this case, the payout, which is typically a cash lump sum, doesn’t go to the deceased’s beneficiaries. Instead, it goes directly to the company, serving as a crucial buffer to lessen the business’s financial loss. Small businesses often rely on key team members whose absence would profoundly affect day-to-day operations and profitability. While keyman insurance can’t fill the void left by a vital individual, it does play a significant role in ensuring business continuity and providing essential support during challenging times.
Shareholder Protection
Shareholder protection insurance, as its name implies, is a type of life insurance specifically crafted to safeguard one or more shareholders within a company. Unlike keyman insurance, the primary objective of shareholder protection insurance isn’t to offer direct business support. Instead, it facilitates a scenario where surviving shareholders can purchase the shares of a deceased shareholder from their inheritors. When combined with a cross-option agreement, shareholder protection insurance ensures the presence of a robust succession plan in case the unexpected occurs.
Executive Income Protection
Executive income protection (EIP) stands out from other forms of business protection as it doesn’t fall under the category of life insurance. Despite its name, many individuals who opt for EIP may not even identify as “executives.” This product is primarily geared towards smaller businesses and is commonly chosen by owner-operators and self-employed contractors who manage their own limited companies. Executive income protection insurance offers multiple benefits compared to acquiring a personal policy, with a notable advantage being that it’s funded by the company and qualifies for tax deductions.
My Expertise
With nearly a decade in the property industry, I’m passionate about making your dream home become a reality.
As a dedicated expert, I navigate the complexities of property buying, ensuring a stress-free experience and treating you with utmost integrity.
01. Experience
You will get friendly expert mortgage advice from Stratford’s Number 1 mortgage adviser
02. Efficiency
I will save you time and stress with my clear and simplistic approach
03. Peace of Mind
You will secure the right mortgage for your circumstances
What People Say About Me
Angus & Jess
“Chris has handled my mortgages on my personal properties and buy to let properties over many years and has provided excellent advice and achieved great results for me each time.”
Are You Ready to Take the Next Step?
Find out the perfect option and ready to implement strategy for you.
Call Me
07715 628 271
Email Me
chris@chrishazellmortgages.co.uk