Business Protection

We offer a flexible menu based business protection product that allows you to combine life and critical illness depending on your needs and budget.

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Business Loan Protection

If your business borrows money, it’s understandable you will want cover to repay all, or some of that loan on the death or severe illness of a key person. If you lend money to your own business, creating a Director’s or Partner’s loan account, this may also need to be repaid on death. Some business loans may also have personal guarantees, if the business fails due to the death or illness of an owner or key employee and the business doesn't have the funds to repay them, the guarantee could be used by the bank and put personal assets, including the owner’s home, at risk. Lenders may have the right to demand that the business pays back any outstanding loans and this could be difficult to pay off at short notice.

Business Loan Protection is life assurance (sometimes life or critical illness cover) written on the life of an individual or individuals. The loss of a key person who have guaranteed a loan is particularly serious for a business. This type of protection helps you pay an outstanding overdraft, loan or commercial mortgage, should the guarantor die or become terminally or critically ill (if chosen) during the policy term.

Most types of business loan can be protected, including:

  • Commercial loans and mortgages;
  • Venture capital loans;
  • Directors’ loans; and
  • Personal guarantees.

We can help you make the most by advising you the right business protection product

MOST INSURANCE AND PROTECTION PLANS HAVE NO CASH IN VALUE AT ANY TIME UNLESS STATED OTHERWISE. THEY CEASE AT THE END OF THE PLAN TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.

PP Finances is a trading style of PP Associates Limited . PP Associates Limited is an appointed representative of Sesame Ltd which is authorised and regulated by the Financial Conduct Authority.

At outset of our first meeting, we will provide your 'Information about our services' and explain you the cost and charges of our services. This will help you decide if our services are right for you and provide you details of our complaints process and regulatory information.

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Registered Office address : PP Finances, 41 Station Road, Basement Suite 3 and 4, Harrow HA1 2UA

Registration number: 07836928, Country: England and Wales, United Kingdom

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