Executive Income Protection
Protecting Income For Directors And Key Employees
Executive Income Protection is designed to help businesses support directors and key employees if illness or injury prevents them from working for an extended period.
The policy is arranged and funded by the business, providing a regular income benefit that can help replace lost earnings and maintain financial stability during long-term absence.
For many businesses, it provides a valuable way to protect the people who play an important role in leadership, decision-making and day-to-day performance.
Why It Matters
The long-term absence of a director or key employee can create a number of challenges, including:
- Loss of income for the individual
- Increased pressure on the business and remaining team
- Disruption to leadership and decision-making
- Difficulty maintaining financial commitments
- Reduced stability during a period of uncertainty
Having appropriate protection in place can provide valuable financial support when it is needed most, helping both the individual and the business maintain stability.
Supporting Key People
Income Protection
Director Support
Business Stability
Long-Term Cover
How Executive Income Protection Works
Executive Income Protection is taken out by the business on behalf of an employee or director.
If the insured individual is unable to work due to illness or injury, the policy can provide a regular income benefit after an agreed deferred period. This benefit is paid to the business and can then be used to support the employee through payroll.
The policy can often be arranged in a tax-efficient way and may also include cover for employer National Insurance and pension contributions, depending on the chosen structure.
Tailored To Your Business
Every business has different people, responsibilities and financial commitments.
The most appropriate solution will depend on the individual’s role, salary, benefits package and the level of protection required. At Sentinel Commercial, we help businesses understand their options and arrange cover that reflects both the needs of the organisation and the individual being protected.
Speak To An Adviser
If you’d like to understand how Executive Income Protection could support your business and key employees, we’re here to help.
Complete the contact form, call 01904 530980, or speak to an adviser to start the conversation.
Get in Touch
To discuss your Business Protection needs, please feel free to contact us on 01904 530980. Our lines are open from 9am to 5pm, Monday to Friday. Please be aware that calls may be recorded or monitored.
Alternatively, please complete the form below.
