Financial limits

Keyperson Protection


Sum assured Evidence required
Up to £500,000 Application form only.
£500,000 to £2,000,000 Full application form with relevant sections completed (including profit/loss figures).
Over £2,000,001 Supporting evidence required in the form of reports and accounts (past three years).
New start-up companies/companies making a loss Evidence (business plan, projections, reports and accounts) if sum assured less than £2,000,000. Underwriter may request additional information.

Shareholder or Partnership Protection


Sum assured Evidence required
Up to £500,000 Application form only.
£500,000 to £2,000,000 Full application form with relevant sections completed (including profit/loss figures, valuations).
Over £2,000,001 Supporting evidence required in the form of reports and accounts (past three years) and/ Independent valuation by professional source.
New start-up companies/companies making a loss Evidence (business plan, projections, reports and accounts) if sum assured less than £2,000,000. Underwriter may request additional information.

Business Loan Protection


Sum assured Evidence required
Up to £500,000 Application form only.
£500,000 to £2,000,000 Full application form with relevant sections completed (including details of loan/business figures).
Over £2,000,001 Supporting evidence required (copy of loan agreement and repayment schedule form, reports and accounts).
New start-up companies/companies making a loss Evidence (business plan, projections, reports and accounts) if sum assured less than £2,000,000. Underwriter may request additional information.

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Common medical conditions

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