Protectus Healthcare
Business Health Insurance
Empower your business with business health insurance plans
Our skills are the main reasons why clients choose us
A thriving business depends on the well-being of its employees. Without it, businesses risk decreased efficiency, employee turnover and hindered progress. Business health plans and insurance ensures your employees have access to top-tier medical care, enabling swift recovery and a prompt return to work. Specialising in business health insurance, we tailor policies to meet the diverse needs of businesses across all sectors.
Consider this scenario: Your company expands operations into multiple countries across Asia and Europe. Your employees now confront the challenge of navigating unfamiliar healthcare systems with varying coverage and costs. This is where international business health insurance becomes indispensable. We specialise in simplifying this complexity, offering international business health insurance solutions for diverse companies worldwide.
International business health insurance covers a wide range of medical costs associated with acute illnesses and injuries, with some policies also including coverage for certain chronic conditions and repatriation. This comprehensive coverage ensures that employees and expats alike are protected globally, alleviating concerns about high treatment costs.
By choosing international business health insurance, your employees can focus on their work without worrying about healthcare expenses abroad, contributing to their overall well-being and productivity.
Ensuring employees’ well-being extends beyond the workplace, especially for their families’ financial security. A relevant life plan stands out as a compassionate and strategic tool for protecting key individuals within your business. Unlike regular life insurance, this tailored solution lets your business cover life assurance premiums as a tax-deductible expense. It provides peace of mind for your employees and shows your commitment to their welfare.
A relevant life plan, also known as a relevant life policy, is a tax-efficient term life assurance designed specifically for directors and employees. It provides a death in service benefit, where the business pays premiums on behalf of the insured individual. In the unfortunate event of the insured person’s death, the named beneficiaries receive a tax-free lump sum payment. A relevant life plan offers substantial tax savings, with higher rate taxpayers saving approximately 48% and basic rate taxpayers around 30% compared to personal life assurance plans as of 22/12/2023. Moreover, premiums qualify for Corporation Tax relief as allowable business expenses by HMRC. Additionally, there are no income tax or national insurance contributions required, providing financial advantages for both employers and employees alike.
Have you ever considered what would happen if a vital member of your team were no longer there? It’s a challenging thought, but the absence of a key person could greatly impact your company’s trajectory and stability. That’s where keyperson insurance steps in. It provides peace of mind knowing that your company is prepared for unforeseen circumstances that could otherwise jeopardise its operations and success, thereby protecting the business.
Keyperson insurance offers life assurance for pivotal figures in your organisation, whether they’re an employee, director, partner or business owner. This coverage can encompass life assurance alone or extend to include critical illness, ensuring your business remains financially secure if the insured person passes away or suffers a specified critical illness during the policy term. Keyperson insurance compensates your company – the sole beneficiary – against potential financial setbacks, such as revenue losses, operational disruptions, costs of finding replacements or securing essential business loans and investments.
Losing a business owner unexpectedly can have profound consequences, affecting not only their family but also the entire business ecosystem. Imagine a successful business where one of the key stakeholders suddenly passes away. Without a plan in place, their shares could transfer to their heirs, potentially disrupting decision-making and causing financial strain on the business. This is where shareholder protection insurance plays a crucial role.
Shareholder protection insurance mitigates financial risks from the sudden death of a business partner or shareholder. Without it, surviving partners or shareholders may struggle to maintain control. This insurance provides funds for remaining stakeholders to buy out the deceased’s shares, ensuring business continuity and stability during transitions. Conversely, the family of the deceased receives fair compensation in the form of a cash payout equivalent to the agreed value of their loved one’s share in the business. This arrangement not only provides financial security to the family, but also facilitates a smooth transfer of ownership within the business.
Boosting employee morale and well-being doesn’t have to be costly. Give your team peace of mind with easy access to financial support for everyday health expenses. A business health cash plan offers one of the most affordable and efficient ways to enhance employee benefits. It’s a win-win – they get the care they need without worrying about costs, and you foster a team that’s focused and on top of their game!
Business health cash plans provide cash payments to cover everyday health expenses, including dental fees, optician fees, specialist consultations, hospital stays, 24/7 counselling and even shopping discounts. These plans can stand alone or complement existing policies, starting from just over £1.65 per week per employee, with coverage for pre-existing conditions. By implementing a business health cash plan, you can reduce absenteeism, enhance productivity and boost profitability, ensuring your employees feel valued and supported.
Life can throw unexpected challenges that affect both personal and professional lives. Whether it’s coping with mental health issues, substance abuse or personal crises, these difficulties can disrupt an individual’s well-being and affect their performance at work. As a business owner, it’s essential to recognise that these challenges are a natural part of life and can arise unexpectedly for anyone.
Employee Assistance Programmes – An employee assistance programme (EAP) provides a structured approach to supporting your team through confidential counselling services, available 24/7. From alcohol and substance abuse to bereavement and mental health issues, an employee assistance programme ensures that employees have access to the help they need when they need it most. In addition to counselling, an employee assistance programme can assist with absence management, critical incident support and even provide specialised interventions like cognitive behavioural therapy.
In today’s dynamic workplace, unforeseen events have the potential to significantly disrupt operations. For instance, a key team member suddenly becoming incapacitated by a serious illness, requiring extended absence and impacting team productivity. Similarly, an unexpected accident such as a workplace injury could lead to temporary or permanent disability for another employee, affecting their ability to perform essential tasks. During these critical times, having reliable group risk benefits can provide invaluable support.
Group risk benefits offer an affordable and effective way for employers to enhance their employee benefits packages. These include group life insurance policies (death in service), covering death benefits liabilities, group income protection for long-term sick pay and group critical illness coverage. Providing these benefits, either independently or as part of a comprehensive package, ensures employees have vital financial protection that they may struggle to obtain alone. This supports their financial security during challenging times and plays a crucial role in attracting and retaining talent.
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Business health insurance plans
Keep your team healthy and productive
A thriving business depends on the well-being of its employees. Without it, businesses risk decreased efficiency, employee turnover and hindered progress. Business health insurance ensures your employees have access to top-tier medical care, enabling swift recovery and a prompt return to work. Specialising in business health insurance, we tailor policies to meet the diverse needs of businesses across all sectors.
Understanding business health insurance plans
Business health insurance, also known as company health insurance, covers the costs of private medical treatment for acute illnesses or injuries. It plays a pivotal role in reducing sickness absence, enhancing company efficiency and fostering employee loyalty.
Depending on your policy, coverage may include private hospital rooms, surgeon fees and outpatient treatments. Most importantly, comprehensive business health insurance typically includes extensive coverage for conditions like heart and cancer.
International business health insurance
Protect your global workforce
Consider this scenario: Your company expands operations into multiple countries across Asia and Europe. Your employees now confront the challenge of navigating unfamiliar healthcare systems with varying coverage and costs. This is where international business health insurance becomes indispensable. We specialise in simplifying this complexity, offering international business health insurance solutions for diverse companies worldwide.
Understanding international business health insurance
International business health insurance covers a wide range of medical costs associated with acute illnesses and injuries, with some policies also including coverage for certain chronic conditions and repatriation. This comprehensive coverage ensures that employees and expats alike are protected globally, alleviating concerns about high treatment costs.
By choosing international business health insurance, your employees can focus on their work without worrying about healthcare expenses abroad, contributing to their overall well-being and productivity.
Business health cash plan
Invest in employee wellness
Boosting employee morale and well-being doesn’t have to be costly. Give your team peace of mind with easy access to financial support for everyday health expenses. A business health cash plan offers one of the most affordable and efficient ways to enhance employee benefits. It’s a win-win – they get the care they need without worrying about costs, and you foster a team that’s focused and on top of their game!
Understanding business health cash plans
Business health cash plans provide cash payments to cover everyday health expenses, including dental fees, optician fees, specialist consultations, hospital stays, 24/7 counselling and even shopping discounts. These plans can stand alone or complement existing policies, starting from just over £1.65 per week per employee, with coverage for pre-existing conditions.
By implementing a business health cash plan, you can reduce absenteeism, enhance productivity and boost profitability, ensuring your employees feel valued and supported.
Keyperson insurance
Ensure your business’s ongoing success
Have you ever considered what would happen if a vital member of your team were no longer there? It’s a challenging thought, but the absence of a key person could greatly impact your company’s trajectory and stability. That’s where keyperson insurance steps in. It provides peace of mind knowing that your company is prepared for unforeseen circumstances that could otherwise jeopardise its operations and success, thereby protecting the business.
Understanding keyperson insurance
Keyperson insurance offers life assurance for pivotal figures in your organisation, whether they’re an employee, director, partner or business owner. This coverage can encompass life assurance alone or extend to include critical illness, ensuring your business remains financially secure if the insured person passes away or suffers a specified critical illness during the policy term.
Keyperson insurance compensates your company – the sole beneficiary – against potential financial setbacks, such as revenue losses, operational disruptions, costs of finding replacements or securing essential business loans and investments.
Group risk protection
Protect team prosperity
In today’s dynamic workplace, unforeseen events have the potential to significantly disrupt operations. For instance, a key team member suddenly becoming incapacitated by a serious illness, requiring extended absence and impacting team productivity. Similarly, an unexpected accident such as a workplace injury could lead to temporary or permanent disability for another employee, affecting their ability to perform essential tasks. During these critical times, having reliable group risk benefits can provide invaluable support.
Understanding group risk protection
Group risk benefits offer an affordable and effective way for employers to enhance their employee benefits packages. These include group life insurance policies (death in service), covering death benefits liabilities, group income protection for long-term sick pay and group critical illness coverage.
Providing these benefits, either independently or as part of a comprehensive package, ensures employees have vital financial protection that they may struggle to obtain alone. This supports their financial security during challenging times and plays a crucial role in attracting and retaining talent.
Shareholder protection insurance
Choose peace of mind for shareholder agreements
Losing a business owner unexpectedly can have profound consequences, affecting not only their family but also the entire business ecosystem. Imagine a successful business where one of the key stakeholders suddenly passes away. Without a plan in place, their shares could transfer to their heirs, potentially disrupting decision-making and causing financial strain on the business. This is where shareholder protection insurance plays a crucial role.
Understanding shareholder protection insurance
Shareholder protection insurance mitigates financial risks from the sudden death of a business partner or shareholder. Without it, surviving partners or shareholders may struggle to maintain control. This insurance provides funds for remaining stakeholders to buy out the deceased’s shares, ensuring business continuity and stability during transitions.
Conversely, the family of the deceased receives fair compensation in the form of a cash payout equivalent to the agreed value of their loved one’s share in the business. This arrangement not only provides financial security to the family, but also facilitates a smooth transfer of ownership within the business.
Relevant life plan
Maximise benefits with tax-effjeicient life insurance
Ensuring employees’ well-being extends beyond the workplace, especially for their families’ financial security. A relevant life plan stands out as a compassionate and strategic tool for protecting key individuals within your business. Unlike regular life insurance, this tailored solution lets your business cover life assurance premiums as a tax-deductible expense. It provides peace of mind for your employees and shows your commitment to their welfare.
Understanding relevant life plans
A relevant life plan, also known as a relevant life policy, is a tax-efficient term life assurance designed specifically for directors and employees. It provides a death in service benefit, where the business pays premiums on behalf of the insured individual. In the unfortunate event of the insured person’s death, the named beneficiaries receive a tax-free lump sum payment.
A relevant life plan offers substantial tax savings, with higher rate taxpayers saving approximately 48% and basic rate taxpayers around 30% compared to personal life assurance plans as of 22/12/2023.
Moreover, premiums qualify for Corporation Tax relief as allowable business expenses by HMRC. Additionally, there are no income tax or national insurance contributions required, providing financial advantages for both employers and employees alike.
Employee assistance programme
Support your team through life’s challenges
Life can throw unexpected challenges that affect both personal and professional lives. Whether it’s coping with mental health issues, substance abuse or personal crises, these difficulties can disrupt an individual’s well-being and affect their performance at work. As a business owner, it’s essential to recognise that these challenges are a natural part of life and can arise unexpectedly for anyone.
Understanding employee assistance programmes
An employee assistance programme (EAP) provides a structured approach to supporting your team through confidential counselling services, available 24/7. From alcohol and substance abuse to bereavement and mental health issues, an employee assistance programme ensures that employees have access to the help they need when they need it most.
In addition to counselling, an employee assistance programme can assist with absence management, critical incident support and even provide specialised interventions like cognitive behavioural therapy.
