Business Protection, Tax-Efficiently Structured
Move your protection costs from your personal bank account to your limited company. Save on tax. Protect what matters. Tailored for construction professionals, landlords, and SME directors.
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Years in Business
Rated Excellent on Trustpilot
FCA
Regulated & Authorised
Stop Paying Protection from Your Personal Bank Account
If you are paying for life insurance, critical illness cover, or income protection from your personal bank account, there is a better way. Products like Relevant Life Insurance, Executive Income Protection, and Key Person Critical Illness Cover allow you to divert these costs from your personal finances to your business account — saving you money and reducing your Corporation Tax bill, often without any change to your benefit-in-kind status.
Reduce Your Corporation Tax
When your limited company pays the premiums, they are treated as an allowable business expense — reducing your taxable profits and saving Corporation Tax at 19% or 25%.
Keep More in Your Personal Account
Instead of paying from post-tax personal income (taxed at 40% or 45%), your company covers the cost pre-tax. That means more money stays in your pocket every month.
Same Protection, Smarter Structure
The cover you receive is the same — or better. The only difference is who pays for it and how it is taxed. Your family and your business are protected, and you save potentially thousands over the lifetime of the policy.
How It Works
Personal payment vs. structuring through your limited company
| Factor | Paying Personally | Via Your Ltd Company |
|---|---|---|
| Paid from | Post-tax personal income | Pre-tax company funds |
| Corporation Tax relief | None | Yes — reduces taxable profits |
| Impact on personal tax | Paid after 40%/45% tax | No personal tax impact |
| Benefit-in-Kind | N/A | Often none (product dependent) |
| Potential lifetime saving | — | Thousands of pounds |
See below for the full breakdown of each product and how it applies to your sector.
Your Business Protection Suite
Select your sector below to see the protection products most relevant to your business. Every product is structured for maximum tax efficiency through your limited company.
Protection Built for Construction Professionals
Running a limited company in construction? Your income is your foundation — protect it tax-efficiently.
Construction professionals face unique risks. Physical injury, long-term illness, or the sudden loss of a key operative can halt projects and devastate cash flow. As a limited company director in construction, you have access to a suite of business protection products that shift costs from your personal pocket to your company — saving you money while keeping your livelihood secure.
Relevant Life Insurance
Tax-free life cover through your limited company
Relevant Life Insurance provides a tax-free lump sum to your family if you pass away during the policy term. Instead of paying for life insurance from your personal, post-tax income, your limited company covers the premiums — and it is not treated as a benefit-in-kind.
Tax Efficiency
No Income Tax, no National Insurance, and Corporation Tax relief on premiums. The payout to your family is completely tax-free.
Key Person Insurance
Protect the person your projects depend on
If you are the key person driving contracts, managing client relationships, or running operations on site, your business is at serious risk without you. Key Person Insurance pays a lump sum to your company if you die or suffer a critical illness, giving the business breathing room to recruit, retrain, and recover.
Tax Efficiency
Premiums may be tax-deductible where the policy covers loss of trading income. The payout helps stabilise your business during a critical transition.
Executive Income Protection
Your income safety net — paid by your company
If illness or injury stops you working on site, Executive Income Protection replaces your income — covering salary, dividends, and even pension contributions. For construction professionals, this is arguably the most critical policy you can have. Unlike personal income protection, your limited company pays the premiums as an allowable business expense.
Tax Efficiency
Premiums are a tax-deductible business expense — not treated as a benefit-in-kind. Your company gets Corporation Tax relief on every pound spent.
Rated Excellent on Trustpilot
97% five-star reviews
"I have been with Broadbench a few years now and I have Life Assurance, Critical Illness Insurance, both expensed through my Ltd company. Every time Tom and Emily have sought to reduce my costs and have been supremely caring and careful to meet my needs."
Yannis N
How It Works
Getting the right protection in place is straightforward. Steve and the Broadbench team handle everything.
Speak to Steve
Steve will discuss your business structure, your personal circumstances, and what you are looking to protect.
Broadbench Review
The Broadbench team will review the market, compare providers, and recommend the most tax-efficient products for your situation.
Application & Setup
Broadbench handles all the paperwork, applications, and trust arrangements — you just approve and sign.
Ongoing Support
Your cover is reviewed regularly to ensure it still fits your circumstances. If anything changes, adjustments are made.
Ready to Protect Your Business?
Get in touch with Steve Bicknell to discuss how the Broadbench Business Protection Suite can save you money and protect what matters most. As your trusted accountant, Steve will ensure every recommendation is tailored to your business structure and personal circumstances.
Request a Consultation
Leave your details and Steve will be in touch to arrange a no-obligation discussion about your protection needs.