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Income protection insurance for business

Drewberry

Drewberry Insurance is a leading independent insurance intermediary, serving individuals and families throughout the UK. Drewberry provides independent advice and quotes from all market leading insurers to ensure their clients gain the most appropriate plan at the most competitive premiums.


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Income protection

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With a few minor variations, the vast majority of income protection policies for small businesses are identical to those offered to individuals.

Hardly any insurers will offer business cover to one individual.

 

A few insurers will offer cover to small businesses. Insurers offering business cover, invariably have a limit on the number of individuals insured, below which they will not offer business cover.

 

There are often advantages, even when insuring only a few individuals, of going for business cover ;

  • It is a taxable business expense

  • Insurers may offer discounts from individual rates

  • Insurers are more willing to listen to requests for tailoring the policy

 

Most business insurances can only be bought via financial advisors.

 

Types of income protection plan

  
 

 

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For more information, advice or quotes please view the Drewberry Income Protection website.