Business protection

Safeguard your business

Life is full of twists and turns, and there’s no way of predicting what might come your way. Despite this, many small to medium-sized businesses have no protection in place should something happen to a key member of staff, putting them at considerable risk.

We help business owners and directors put crucial insurance policies in place to ensure continuity in the face of unexpected circumstances. Whether it’s an arrangement covering a key person or protection for shareholders, we can take care of it – giving you peace of mind that whatever the future holds, your business is in safe hands.

Get in touch today for a free, no obligation quote.

52 %

of businesses would cease trading in under a year if a key person died or became critically ill¹

Only

18 %

of businesses have insurance in place to cover key people¹

119 million

working days were lost due to sickness or injury in the UK in 2020²

1 – Legal & General Business Protection State of the Nation SME report
2 – Aegon Guide to Business Protection

Here’s how we can help…

Key person insurance

Have you considered all the risks to your business? You probably have insurance for your building, fixtures and materials, but many fail to protect their greatest asset – their people.

Losing a key person could threaten your business. By contacting us today you can take steps to protect your business from the financial consequences of such a tragedy. Complete the form below or give us a call to discuss your needs.

Shareholder protection

Would you retain control of your business if the worst were to happen? Losing a partner would be a tragedy, but without the funds to buy their shares, your business could be at risk.

Shareholder protection could provide the funds to buy out a shareholder or their estate if they become critically ill or die. To find the best way to protect what matters, complete the form below or give us a call to discuss your needs.

Business loan protection

Many businesses take out loans when starting their venture or expanding – but if a director responsible for repaying it were to die, what would you do?

With loan protection in place, your business will be able to pay an outstanding overdraft or commercial mortgage should the person covered die or be diagnosed with a terminal illness. Get in touch to see how we can help.

Executive income protection

If an employee were unable to work for a period of time due to an illness or injury, would you struggle to continue paying them a regular salary?

With the benefit of executive income protection, you could provide necessary financial support throughout their recovery, while still allowing them to make regular pension contributions. Get in touch to see how we can help.

Life Assurance plans typically have no cash in value at any time and cover will cease at the end of term. If premiums stop, then cover will lapse.

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Client based in Cheshire

Mark provided clear, concise and understandable information on the options that were available to us. He talked us through our risk profile and provided sound advice on the action for us to take going forwards.

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Client based in West Yorkshire

Mark is excellent at explaining the complexities of investing to somebody with very little understanding of financial matters. He has devised a portfolio of investments that should give me a comfortable living. He’s a likeable, approachable person with so much patience.

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Client based in Cheshire

When we were looking to set up a trust fund for our daughter, Mark talked us through every step of the way. He made sure we fully understood the nature of what we were looking to achieve and formulated a sensible approach to the trust investment.

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Client based in Cheshire

Having released equity from my house sale, I needed specialist advice regarding how to invest the money to achieve the best return. Mark helped by producing a comprehensive financial portfolio. He thoroughly explained how the service worked and was very helpful and professional throughout the whole process.

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Client based in Cheshire

Mark has helped a number of my clients with key person insurance. He’s also reviewed my pension pots and advised me on the best way to manage them moving forward. I value that he’s available when I call.

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Client based in Cheshire

Mark has listened to what I want to achieve and created a portfolio of investment products to meet my needs. He has clearly explained the options that are available to me along with the beneﬁts and risks of each of the investments he has recommended. Mark has been my ﬁnancial adviser for over 10 years and during this time I have been very happy with the quality of the advice he has provided to me.

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Client based in Cheshire

Mark helped by initially spending time to understand my goals and objectives not just from a ﬁnancial point of view but also for my life in general. He produced a detailed report that reﬂected our discussions and included recommendations which encompassed an overriding strategy. Mark has advised me on other important ﬁnancial matters such as my pension, retirement income and inheritance planning.

Corporate client form

In our experience, most businesses do not fully appreciate the risks they are exposed to, or the solutions available to address them.
We can help. Get in touch today for a complimentary, no obligation discussion about what you can do to better protect your business.

Important information

MGT Financial Planning Limited is an appointed representative of Sense Network Limited, which is authorised and regulated by the Financial Conduct Authority. MGT Financial Planning Limited is entered on the FCA register under reference number 953054.

Registered Address: 7 Christie Way, Christie Fields, Manchester, M21 7QY. Registered in England & Wales No.: 13377163

The information contained in this website is aimed at UK consumers and should not be looked upon as advice or recommendation, clients should seek appropriate guidance from their financial planner. The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren’t able to resolve themselves. To contact the Financial Ombudsman Service, please visit www.financial-ombudsman.org.uk.

Contact details

0330 133 4403 enquiries@mgtfinancialplanning.com

7 Christie Way
Christie Fields
Manchester M21 7QY
United Kingdom

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