Business Protection

Varsity Finance can offer a wide range of Commercial Insurance and Protection Policies, such as Key Person, Shareholders Protection and Relevant Life making sure if the worse should happen the business is able to navigate through by talking the financial burden away from the issue.

Key Person Protection could protect your business against the loss of a key senior member of staff arising from death, Critical Illness or disability. How would your business cope if a key member of staff was suddenly lost or unable to work? Sales could be lost, contracts delayed, and time and money spent recruiting a replacement and in training. Key Person Cover can’t replace that person, but it can provide cash at that critical time to replace lost profits and cashflow.


Key Person Loan Protection, your business may need to take out a loan and the ability to service that loan could be jeopardized by the loss of one of the key members of the management team. The loan might be personally guaranteed, or maybe a director has lent money to the company that he, or his estate, would need to be repaid ahead of plan. Key Person Loan Protection can provide this cover against death or critical illness.

Shareholder Protection can provide a solution to support business so that, in the event of death, Critical Illness or disability of a shareholder the remaining shareholders can purchase that person shareholding, enabling the business to continue with minimum interruption and providing an exit solution to that shareholder, or their dependents.