Business Protection | Shareholder Insurance | Key Person Insurance

Business Protection

Business Protection is vital to ensure the future survival of businesses, and forms an integral part of future planning. It is a way of helping to protect against possible financial losses in the event of the death or a specified critical illness of a business owner or key person, during the term of the policy. It also pays out on diagnosis of a terminal illness.

Business Protection can help ensure that your business survives during difficult circumstances.


Business Protection Products

  • Key Person Protection – Protects your business against the financial effects of the loss of a key person or member of staff
  • Business Loan Protection – Will pay off outstanding overdrafts, loans or debts insured against the loss of the guarantor
  • Shareholder Protection – helps partners, directors and members buy a deceased persons share of the business, which may otherwise be be passed in to the deceased’s estate

Relevant Life Plan

Relevant Life plans are individual life cover policies. They’re designed to enable employers to offer tax efficient death-in-service benefits to their employees outside of a registered group life scheme. They are also used for high-earning employees who have substantial pension funds and want their death-in-service benefits to sit outside of their lifetime allowance.

Other tax advantages of Relevant Life plans:

  • The payments made won’t form part of the employee’s annual pension allowance.
  • The premiums aren’t normally subject to income tax because they’re not assessed as a benefit in kind.
  • The premiums can be treated as an allowable expense for the employer in calculating their tax liability, as long as the local inspector of taxes is satisfied they qualify under the ‘wholly and exclusively’ rules.
  • In most cases the benefits are paid free of inheritance tax because the policy is written in trust and the benefits are paid through that trust.
  • The policy is owned by the business and the business pays the premiums. The life assured is usually a key person within that business. The policy is written in trust for the dependants of the life assured

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Why Choose Us

We are the Number 1 reviewed (five star ★★★★★) Insurance Advice company in Belfast and beyond by Google. Contact us today for trusted advice.

We are familiar with the insurance policies for all of the major providers, we lookout for pitfalls and problems on your behalf to find the correct insurance for you.

We offer independent advice, and can find you the best deals available for your circumstances!

Why Buy Business Protection Insurance with The Insurance Clinic?


We work with the Leading UK Providers

We work with the leading UK providers of Life Insurance to bring you high quality options at competitive prices.


We compare the different options available to you

Our Service is simple…. We conduct a price and quality comparison, analysing the benefits of all policies on the market for you, and then we arrange the most suitable policy for you.


We give you advice

This is ideal if you don’t know where to start….we explain all of the different types of Life Insurance policies, and all of the different options available to you, giving you sound advice as to which option is most suitable for you.

Get a Business Protection Quote

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Data notice:
You consent to us storing and using your name, email address, IP address and phone number for the purposes of responding to your enquiry. For more information please see our privacy policy.

We will never share your information with a 3rd party. We hate spam just as much as you do!

From Our Clients

“Cannot recommend this insurance adviser highly enough. I came across Helmut’s website after searching online, and I am so pleased that I made contact.  I was apprehensive about the options available to me. I explained my financial position to him and he was confident that he could assist me. He found several insurances that I was eligible for, and they were at a considerably different amount than the price comparison sites offered me initially.”

L Cairns

“As a first time buyer I was nervous about the house buying process. Helmut, mortgage advisor belfast at The Mortgage Clinic made the whole thing stress free and was very efficient with every detail. He organised both my mortgage and insurances, providing great mortgage advice and getting the best deals for me. I would like to thank Helmut for being so accommodating when meeting me and so meticulous meaning I didn’t have to worry about anything. I would definitely recommend anyone to use this service”

E. McNamee, Lurgan

“We sourced Helmut Elstner as our mortgage adviser. We were first time buyers and very new to the process. Helmut from The Mortgage Clinic was able to provide the guidance we needed and process all information in our home and at times that suited us. He was always in constant communication and was able to find us the best mortgage deals available in a very short space of time. His advice fee was very reasonable compared to any other mortgage adviser we had met. The mortgage he suggested was perfect for what we needed. The process felt much easier with Helmut on side and proceeded at a great pace. We would advise anyone to use Helmut from The Mortgage Clinic for any mortgage or financial needs, a five star service!”

J&M, Belfast

“I would highly recommend The Mortgage Clinic to anyone. Helmut dealt with my first mortgage and then re-mortgage in a very professional and efficient manner. Dealing with an independent mortgage advisor gave a flexibility to pick tailored product that worked for me. Helmut brought to my attention details I would have never considered and saved me a lot of money and hassle.
I felt well looked after and that my needs were the priority. The best mortgage advisor I have ever came across and I have high confidence in his services.
Thank you !”

Miss E Piasecka