Financial limits

Keyperson Protection


Sum assured Evidence required
Up to £1,000,000 Application form only.
£1,000,001 to £1,999,999 The financial questions included in the application form, with the relevant sections completed in full (including profit/loss figures).
£2,000,000 and above Supporting evidence required in the form of reports and accounts (past three years).
New start-up companies/companies making a loss Supporting evidence may be requested, such as a business plan with projections or reports and accounts. Additional information may be requested regardless of the sum assured.

Shareholder or Partnership Protection


Sum assured Evidence required
Up to £1,000,000 Application form only.
£1,000,001 to £1,999,999 The financial questions included in the application form with the relevant sections completed in full(including profit/loss figures and valuations).
£2,000,000 and above Supporting evidence required in the form of reports and accounts (past three years) or an independent valuation by a professional source.
New start-up companies/companies making a loss Supporting evidence may be requested, such as a business plan with projections or reports and accounts. Additional information may be requested regardless of the sum assured.

Business Loan Protection


Sum assured Evidence required
Up to £1,000,000 Application form only.
£1,000,001 to £1,999,999 The financial questions included in the application form with the relevant sections completed in full(including full details of loan and business figures).
£2,000,000 and above Supporting evidence required (copy of loan agreement and repayment schedule form, reports and accounts).
New start-up companies/companies making a loss Supporting evidence may be requested, such as a business plan with projections or reports and accounts. Additional information may be requested regardless of the sum assured.

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Common medical conditions

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