Business protection

What is business protection?

AEGON Scottish Equitable Protect Business Protection gives your business financial help if the staff covered are affected by death, terminal or critical illness, or permanent disability during a benefit term. Income protection benefit is also offered under this menu.

Simple and flexible

It's designed to be simple and flexible. You can choose the type of protection and level of benefit you want, and change these at any time, so the policy will always match the needs of your business.

You can also choose whether the policy covers one or two people. If it covers two people, not all benefits have to cover both of them. For example, you may want life cover on both, but critical illness protection on only one.

For most policies we pay benefits as a single lump sum. However, for income protection policies, we pay benefits in instalments while the insured person is unable to work.

You can choose the length of cover to suit your needs, and during this period we will pay a monthly benefit. With key person policies this might fund a replacement employee or compensate for loss of business, while with executive policies it pays a salary to the employee who is unable to work.

How it works

Look here for more detail about how business protection works.

Common questions

Need more information? Find answers to some common questions here.

Next steps

If you would like more information you should talk to a financial adviser.

Find a financial adviser in your area

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