Business Loan Protection Insurance

Take advantage of business loan protection, designed to repay debts upon the death of a key member of your business.

Man and woman discussing Business Loan Protection

Why choose Howden Life & Health for Business Loan Protection?

As a broker which specialises in providing business and health insurance products, we pride ourselves on doing the heavy lifting, so you don’t have to. Thanks to the great relationships we have with our selected panel of insurers, including the specialists at Assured Futures, we make the process of comparing multiple business loan protection policies, on your behalf, simple and easy. What’s not to like?

Here at Howden, we recognise that each policy needs to be as individual as its owner and their business, and that’s why we provide a personalised service, focused on getting to know you and finding out exactly what you want from your cover.

Ultimately, whether you need to make a claim, purchase a new business insurance product or, or renew an existing one, just know that we’re here to help.

Benefits of working with Howden Life & Health:

  • You can trust us – we’re rated Excellent on Trustpilot
  • Personal service from professionally qualified advisors
  • An outstanding FCA compliance record
  • Competitive solutions to for all budgets and affordability
  • Supported by the largest panel of Life & Health insurers in the UK
  • Knowledge of underwriting and medical conditions

Howden Life & Health Limited is authorised and regulated by the Financial Conduct Authority No. 176392. Registered in England and Wales under company registration number 3040737. Office address: Howden Life & Health, Ageas House, The Square, Gloucester Business Park, Brockworth, Gloucester, GL3 4ZP. Registered Office: 1 Creechurch Place, London, EC3A 5AF. Calls may be monitored and recorded for quality assurance purposes.

What is Business Loan Protection?

When a business takes out a loan, whether it's for expansion, working capital, or other purposes, it enters into a financial commitment that requires regular repayments over a specified period.

If a business owner, director, or key person within a business dies or becomes terminally or critically ill, lenders may still demand that any outstanding loans must be repaid. That’s where business loan protection can step in, to help secure the business’s viability by providing a lump sum to cover the business debts.

If this is something you would be interested in, you would start by taking out the business level protection on a ‘decreasing’ or ‘level’ cover basis. From there, once a valid claim is submitted, the cash sum can be used to repay the outstanding debt of the business.

Before that though, we need you to get in touch with us, so we can find out more about your business and its key people. A member of our Life & Health team would be happy to help, offering insight and some guidance around how business loan protection could work best for you.


Get in touch

Try us out and see how we can help save money and make finding the right insurance cover that little bit easier for you.

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