Protecting your Business’ Future: Protection Planning

In business, you plan for success. But how well are you protected against the unexpected?

You have probably insured your premises, equipment and vehicles, but what about your most important assets? The people who drive your business forward. Business protection planning is about preparing for the what ifs – the curveballs. Whether it’s safeguarding against the loss of a key person, ensuring a smooth succession between shareholders, or covering business loans, the right protection can be the difference between resilience and disruption.

We work with business owners, directors, and investors to help build robust plans that keep the future in your hands – not left to chance.

Why Business Protection Matters

Your business is one of your greatest assets, but it’s also vulnerable.

•  Could your business survive the sudden loss of a founder, key employee, or major shareholder?

• If a shareholder passes away, would surviving shareholders be able to buy out a departing owner’s share? Would your family get fair value?If you have loans, have you planned how they’d be repaid if something happens to a key figure?

•  For venture capital and private equity investors, business protection is a way to safeguard their investment – ensuring continuity, leadership stability, and financial resilience when unforeseen events strike.

The right protection plan can ensure financial stability, help retain key staff, avoid ownership disputes, and give confidence to investors, creditors, and families alike.

Types of Business Protection

No business is the same, the right solution depends on the nature and structure of your business. But we commonly help with:

• Shareholder Protection
  Helps surviving shareholders retain control while providing financial security for a deceased shareholder’s family.
• Key Person Protection
  Provides a financial cushion if a crucial individual is lost to illness or death, helping to cover lost profits or recruitment costs.
• Business Loan Protection
  Ensures that outstanding business debts can be repaid if a guarantor or key borrower dies or becomes critically ill.
• Relevant Life Cover
  A tax-efficient way for businesses to offer death-in-service benefits to employees, including directors, outside of a group scheme.
• Executive Income Protection
  A company-paid policy that protects a director’s income if they can’t work due to illness or injury – providing ongoing monthly payments and covering employer pension and NI contributions where needed.

These are the protections we regularly put in place, but every business is different, that’s why our approach is always bespoke.

Let’s Build Your Resilience

There’s no one-size-fits-all solution. And while nobody likes to imagine the worst, planning for it can protect everything you’ve worked so hard to build. Your business is unique; your protection plan should be too.  We don’t believe in selling policies. We believe in crafting intelligent, flexible plans that evolve with your business.

Asking the right questions now can protect your future and we’d love to help you answer them.

Ready to explore your options? Let’s start the conversation. We’re on 020 7467 2700 or at hello@firstwealth.co.uk.

This document is marketing material for a retail audience and does not constitute advice or recommendations. Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested.