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  1. Business
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Business
protection

Protecting your business is the best insurance policy

Small business protection, with benefits for healthy living

Did you know a third of business owners know another business that has gone under? This has been because of the ill health or death of the owner. Despite this, 45% of businesses have no protection at all.* We understand that protecting the people that matter most is important. It could be your family, employees or your customers, and having business protection can do just that. It safeguards your business’ future, so you can rest easy.

Vitality offers award-winning cover that is 5 Star Rated by Defaqto. Our unique Vitality Programme can also reward you and your employees for healthy living. So you can be confident that the cover and rewards will protect your business.

Vitality Business Research 2021*
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Relevant life insurance

Relevant life insurance provides a great tax efficient death in service benefit for: 
  • Company directors
  • High earners or 
  • Other relevant, important employees in your business.
More on relevant life insurance
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Shareholder protection insurance

Shareholder protection insurance is there to protect you if a company director suffers a terminal illness or dies.

It gives you a cash lump sum to pay off their beneficiaries, so you can stay in control of your business.
More on shareholder protection insurance
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Key person insurance

Key person insurance protects you against terminal illness or death of key employees.
 
It gives you a cash lump sum towards any loss in revenue or profits, so you can protect your business' finances. 
 
More on key person insurance
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Business loan protection

Business loan protection protects your finances if a company director suffers a terminal illness or dies.
 
It gives you a cash lump sum to pay off your creditors, so you can stay in control of your business.
More on business loan protection
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Not sure how to protect your business?

Our business advisers are on hand to discuss your protection needs. Let us know when you want a call, and we’ll call you back.

Request a protection call back

Business Protection FAQs

What is business protection?

Business protection is a type of insurance that protects your business if a key person is diagnosed with a critical illness, or passes away. There are a range of different types of protection. This includes key person insurance, shareholder protection insurance, relevant life insurance and business loan protection.

Why is insurance important for business?

Having business insurance protects your business, employees and their loved ones. If one of your employees becomes critically ill or passes away, it can pay out a lump sum. This can help their family pay the bills. Another type of insurance is business loan protection. This offers a cash lump sum to pay off creditors if a company director suffers a terminal illness or passes away.