Business Protection
Business as usual.
Many business owners want a business that flows along, builds profits and pleases their customers.
Unfortunately life has a habit of throwing a curve ball now and again. Key people get ill and may need to take time away from work. If business partners, directors or owners get ill or die, the structure of the company can change. Business protection is there to help you continue with business as usual.
A Kerr & Watson adviser will work with you to decide the most important areas to cover within the business and then make a tailored recommendation.
Key person protection
Key person policies protect a business against the financial effects of death or critical illness of a key person while the plan is in place.
It could provide a lump sum or a regular monthly benefit to a business in the event of the illness or injury of a key employee.
Relevant life plan
A relevant life plan offers a tax efficient way for an employer to arrange life cover on the life of an employee, with the benefit payable to the employee’s family or financial dependants.
The premiums are paid by the business and a qualifying policy may be offset against corporation tax as a deductible expense.
Shareholder protection
Shareholder protection allows business owners to buy shares back from their business partner who has passed away or has been diagnosed with a critical or terminal illness. This policy will help surviving owners stay in control and minimises disruption to the business.
Business loan protection
Business loan protection is designed to provide a business with the funds to repay commercial loans or mortgages should one of the business owners suffer a critical illness or death.
It is essentially a life-insurance policy, some plans with critical illness included, specifically designed to cover business loans and commercial mortgages.
Executive income protection
Executive income protection is a tax efficient policy paid by an employer to provide a regular income to a key employee when they are unable to work due to injury or illness.
Your Insurance In 3 Easy Steps…
Conversation
Schedule a call to talk to an adviser about your needs and situation. Alternatively give us a call on 01252 224620 or email us on info@kerrandwatson.co.uk.
Research
We will take the information gained on the call and carry out some research before sending you a bespoke recommendation.
Application
Once we have the relevant information, we will complete your insurance application and update you throughout the process.
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Testimonials
Gareth Broughton29 April 2024Excellent highly recommended service. They spent time understanding my needs, and handled all enquiries through the application process. When we had issues with the mortgage (through no fault of Kerr & Watson) Daniel & Chloe worked hard to resolve this, and was always on top of everything, constantly chasing solicitors and the mortgage provider. I cannot recommend them enough!
Ashleigh Beney19 April 2024Friendly advice to review life insurance. Great service and would recommend
Emma Fox19 April 2024As a first time buyer, mortgages are definitely a learning curve, Daniel has been super efficient and he secured an agreement in principle within 2 days. I would most definitely recommend this company and I have great confidence that I will be able to complete the whole process with Daniel's help.
Matt & Belinda Gidman-Rowse17 April 2024Daniel has been super helpful, informative, and patient since day one!
Steve Mc16 April 2024Struggling to find a mortgage lender from a couple of brokers, an internet search drew a phone call from Stephen Kerr of Kerr & Watson. Stephen was very empathetic and understanding of our situation and obtained the Agreement in Principle. He and the team during our house bidding process kept us informed and aware. Their communication was excellent and they were very supportive. Unfortunately we didn’t make the best offer and so in the end didn’t require that mortgage. But the ability to make the offer with the mortgage Stephen had obtained behind us gave us so much more confidence to be in the process. I can’t recommend Kerr and Watson highly enough up to the application point, and I’m sure based upon that, anything beyond that point would also have been fully supported by them. We have no hesitation in recommending them and would certainly use them for our next house purchase.
Georgia Lock6 April 2024Fantastic help from this team, Stephen and Chloe were really excellent
jason mensa21 March 2024Stephen and the team were wonderful to work with. Couldn’t recommend them enough! Thanks for all your hard work
Paul Edwards14 March 2024Excellent Broker, who helped me to get a mortgage despite my unusual circumstances. In short, I needed to be sure that my lender would be ok with adult placement care (for vulnerable adults) and potentially also foster care (for children) taking place in the property I purchase (whereby these people live with you and you are paid for looking after them by the local authority). This broker went out of their way to find a lender who would be happy with my property being used in this manner. Without their help, I’m not sure what I’d have done regarding a future mortgage. I would definitely highly recommend Kerr and Watson to all. They always get back to you in good timing about everything, and they pay attention to every important detail when working out what the best lender and mortgage deal is for you.
Richard Elwell11 March 2024Stephen has been really helpful over many years assisting with remortgaging both residential and buy to let properties for me. He is always helpful and professional and works hard to identify the best deal available. I really appreciate his help and advice and would highly recommend him to anyone looking for mortgage advice, totally trustworthy.
George Hillman4 March 2024Dealing with Stephen and the team has been seamless when remortgaging my house. Very responsive to all my questions with great advice!