Your salary, protected. Through your business.
Executive Income Protection is company-paid income protection for directors and key employees. Premiums are paid from company funds, typically as a business expense, making it a tax-efficient way for a company to protect its people.
Initial consultations are completely free of charge. There's no obligation to proceed and there is no fee for protection advice.
Should you fail to disclose or misrepresent a fact, then you risk the insurer only paying part of a claim, declining to pay all of the claim or possibly declaring the policy invalid.
- Company pays premiums
- Up to 80% of gross salary + benefits replaced
- Salary, bonus and P11D benefits covered
- Linked to group income protection or standalone
- Claims paid to employer who pays employee
What is executive income protection?
Executive income protection is income protection arranged and paid for by a business for a director or key employee. The business receives the benefit if a claim is made and passes it on through payroll in the normal way.
It works in much the same way as personal income protection, but the premiums sit with the company. Whether that is the better route depends on how you draw income from the business.
Questions about Executive Income Protection
Talk to me before you decide anything.
Free call, no commitment. I'll give you the honest picture and a recommendation that's right for you.
Initial consultations are completely free of charge. There's no obligation to proceed and there is no fee for protection advice.