Some examples

Case Studies

Business Insurance Brokers

Key Person Protection provides cover in the event that a key individual becomes seriously ill or passes away.

Business Insurance Brokers

Protecting your business is just as important as securing the right funding. As experienced business insurance brokers, CFP Group helps business owners, directors and decision-makers access a wide range of insurance and protection solutions designed to safeguard their business, employees, shareholders and financial commitments.

As an FCA-authorised brokerage, CFP Group provides independent, whole-of-market access to a broad range of insurance providers and protection products. We take the time to understand your business, assess your risks and identify suitable solutions that align with your objectives.

Operating from our offices in Ilkley and Rotherham, we support businesses throughout Yorkshire and across the UK. With over 150 years of combined experience within our team, we have developed strong relationships with insurers, lenders, accountants, solicitors and other professional introducers, enabling us to deliver tailored protection solutions for businesses of all sizes.

Whether you’re looking to protect shareholders, key employees, business loans or rental properties, our team can help you find the most appropriate cover.

Shareholder Protection

Shareholder Protection helps business owners plan for the unexpected. If a shareholder passes away or suffers a critical illness, the remaining shareholders may wish to retain control of the business rather than having shares transferred to family members or external parties.

This type of cover can provide the funds required for remaining shareholders to purchase shares, helping maintain business continuity and ownership stability.

Typically Suitable For:

  • Limited companies with multiple shareholders
  • Family-run businesses
  • Owner-managed businesses
  • Growing SMEs

Relevant Life Cover

Relevant Life Cover is a tax-efficient life insurance policy arranged by a business on behalf of an employee or director.

It can provide a lump sum payment to the employee’s beneficiaries should they pass away during the policy term, while often offering tax advantages compared to personal life insurance arrangements.

Typically Suitable For:

  • Company directors
  • Small business owners
  • Key employees
  • Businesses seeking tax-efficient employee benefits

Key Person Protection

Many businesses rely heavily on specific individuals whose knowledge, expertise or relationships are critical to the company’s success.

Key Person Protection provides financial support if a key employee or director dies or becomes critically ill, helping the business manage lost revenue, recruitment costs or operational disruption.

Typically Suitable For:

  • SMEs
  • Professional service firms
  • Businesses reliant on specialist expertise
  • Companies with key revenue generators

Death in Service Cover

Death in Service Cover is an employee benefit that provides a tax-free lump sum payment to an employee’s nominated beneficiaries if they die whilst employed by the business.

Offering this benefit can help businesses attract and retain talented employees while demonstrating a commitment to staff wellbeing and financial security.

Typically Suitable For:

  • Employers of all sizes
  • Businesses looking to enhance employee benefits
  • Organisations seeking to improve staff retention
  • Growing companies building competitive benefits packages

Private Medical Insurance

Private Medical Insurance (PMI) helps businesses provide employees and directors with faster access to healthcare treatment and specialist services.

By reducing waiting times and supporting employee wellbeing, PMI can help minimise absence and improve productivity across the organisation.

Typically Suitable For:

  • Business owners and directors
  • SMEs
  • Professional firms
  • Businesses focused on employee wellbeing

Personal Guarantee Insurance

Many lenders require directors to provide personal guarantees when securing business finance.

Personal Guarantee Insurance can help protect directors from a proportion of the financial liability associated with a personal guarantee if the business is unable to meet its obligations.

This cover is particularly valuable for business owners seeking finance to support growth, acquisitions or cashflow requirements.

Typically Suitable For:

  • Directors securing business finance
  • SME owners
  • Property investors
  • Businesses using commercial lending facilities

Landlord Insurance

Landlord Insurance provides protection for residential and commercial property owners against a range of risks, including property damage, loss of rent and liability claims.

Policies can often be tailored to suit individual landlords, portfolio investors and limited company property owners.

Typically Suitable For:

  • Buy-to-let landlords
  • Commercial property owners
  • Portfolio investors
  • Property companies

Credit Insurance

Credit Insurance protects businesses against losses arising from customers failing to pay invoices due to insolvency or protracted default.

This can help safeguard cashflow, improve confidence when trading and support future growth by reducing exposure to bad debt.

Typically Suitable For:

  • Businesses offering credit terms
  • Manufacturers
  • Wholesalers
  • Distributors
  • Businesses with large debtor books

Why Use CFP Group as Your Business Insurance Broker?

Independent Advice

We are not tied to a single insurer, allowing us to search the market for suitable solutions.

FCA Authorised

CFP Group is authorised and regulated by the Financial Conduct Authority, providing confidence and transparency throughout the process.

Whole-of-Market Access

Our extensive panel of providers allows us to source competitive options tailored to your specific requirements.

Experienced Team

With more than 150 years of combined industry experience, we understand the challenges businesses face and the importance of having the right protection in place.

Relationship-Led Approach

We work closely with business owners, accountants, solicitors and lenders to ensure protection strategies complement wider financial planning and business objectives.

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