Why Choose ProAdvice?

  • Get the best deal. We offer independent protection advice to find the best policy for you.
  • Save Money today. We guarantee not to be beaten on a genuine like for like quote
  • Impartial advice. All the small print and clauses are highlighted to you and are explained in a jargon freeway
  • No set up costs. Our Service is 100% Fee Free as we get paid by commission by our lenders.

Business Protection

Relevant Life cover

Relevant Life insuranceis a level term insurance plan available to employers to provide an individual death in service benefit for an employee. It is designed to pay a lump sum if the employee dies whilst employed during the length of the policy.

This allows smaller companies to set up individual death in service benefits for their key members of staff without having to take out a group life plan.  It can also be used to top up a key individual(s) group life plan.  The Relevant Life Insurance Plan is a great way to reward and retain or attract high-calibre staff.  If you own your own limited company, you may not realise that this was a benefit available to you. 

As of January 2015 you can now set up your critical illness policy as a Relevant Life plan.

  Non-Relevant Life Plan Relevant Life Plan
Annual Premium   £1000 £1000
Employee Tax National Insurance contribution (2%) £34.48 -
Income Tax (40%) £689.65 -
Employee Tax National Insurance contribution (13.8%) £237.93 -
Less Corporation Tax (20%) -£392.41 -£200
Total Cost   £1,569.65 £800

A saving of £769.95, which is a saving of almost 50%.

This table is for demonstration purposes only.  All percentages are presumed figures.

Speak to a Proadvice adviser to find out more

Loan Protection

When a business borrows money from a bank or other financial institutions, it is common that the lender will want some form of protection cover to repay all, or some of that loan. Many people do not realise that if a Director dies, the lender may want the entire loan repaying straight away.  Does your company have the ready cash to pay the last loan you took out?  Many do not and would struggle to pay should something happen to the Director which would potentially put the company out of business.  By taking out a loan protection plan, you can avoid this as it will provide a lump sum to cover the loan. Get quotes today

Example: 

  • James Edwards Cool Computers Ltd
  • Borrows £750,000 with ABC Bank
  • James Edwards takes out £750,000 loan protection
  • James Edwards passes away
  • Life insurance pays out
  • ABC Bank loan is paid off

Share Holder Protection. Also Known as Partnership protection

Mr Jones and Mr Smith incorporate a business together.  They do very well and after five years the company is now worth £500,000.  Mr Smith suddenly dies.  His shares now go to Mrs Smith and the children.  They have no idea how to run the business or even the desire to do so. 

In an ideal world, Mr Jones would buy the shares back for the company for £250,000.  This gives him control of the business.

However, if the company is not cash rich this could lead to a problem.  Mrs Smith might decide to sell the shares to Mr Andrews who runs a rival company.  All she wants is the best deal for her family; she doesn’t care about the business anymore now that her husband has died. 

Mrs Smith might decide she will attempt to run the company.  Now do not get me wrong, Mr Jones likes Mrs Smith when they used to go out to dinner as a foursome, however he had never considered working with her. 

The Share Holder Protection plan ensures there is a lump sum to cover the shares.  This runs alongside a cross option agreement ensuring the shares go to the right people.  

The Plan Ensures;

  • The remaining partners keep control of the business and the shares
  • The agreement ensure all transactions are tax efficient
  • The family of the deceased member are properly compensated
  • The company continues to run

Find Out How Proadvice Can Protect Your Company

The facts

In the UK, 87% of business owners expect their business to grow in the next 5 years. However, statistically only 33% of those businesses will review their protection needs.  Your business changes all the time.  You have to find time to find new customers, get new prices from suppliers and find new technology to make your job easier.  It is time that reviewing your protection needs becomes just as important.  It is vital to review the plan because if the worst happened, you would only be as protected as when you were last reviewed.  No one wants to go backwards with their business, so make sure you have up to date adequate cover. 

At Proadvice we offer a free review service to all our business protection clients ensuring the right people are covered for the required amounts.  Ensuring as you grow, you stay protected. 

Free Review Today

The following videos are created by a third party and neither Pro Advice Financial Services Ltd nor Sesame Ltd are responsible for the accuracy of the content.

  1. FAQs
  2. Our Insurers
  3. Why us?
  4. Videos
  5. Contact Us
  6. Careers

Guides and frequently asked questions

Taking out Insurance can be daunting; to help with the process we have put together some helpful guides and have answered our frequently asked questions, or if you prefer speak to a Proadvice adviser.

Frequently asked questions

Compare Life Insurance Companies

When it comes to getting the right insurance policy it is important to speak to a Proadvice Provider who can tell you they key points of each plan. We compare 100s of different polices every day and can point out the important details to you. However if you would like to know more about the insurance companies and their history we have put together some interesting information and some key points of the policies they provide. The list below is a sample of providers used.

Choose from the list of great providers below to get started:

aegon ageas aviva axa british friendly
cirencester exeter family friendly friends life holloway friendly legal and general
lv partnership paymentshield pruhealth royal london
pruprotect shepherds friendly unum

Who are Proadvice?

Here at Proadvice our aim is to offer a professional service with our team of protection specialists and customer support. We offer you quotes with full impartial advice on the best products with plans designed to suit you. With our price guarantee we promise we will not be beaten.

The wealth of experience our specialist advisers possess enables them to explain and recommend the right products for you and therefore avoid any disappointment if the need for you or your family to claim did arise.

We make it our job to understand all of the policies inside out and understand the small print, so you can have complete peace of mind with your policy.

When buying insurance it is essential to find the right insurance company based on your health, hobbies, and your lifestyle as this will have a major effect on the final premium you will pay.

It is our job to find you the right insurance company with the very best cover for your circumstances and to also find you the most competitive rates in the marketplace today.

Here at Proadvice we do not charge a fee for the services we provide and can assist you on all elements of your personal protection from Life Insurance, Critical Illness Cover and Income Protection needs.

Why Proadvice?

Our sole aim is to advise and recommend the best polices for you should the worst happen. People come to Proadvice to ensure that when they take out a protection plan, they are going to be adequately covered. We have years of experience reading the small print, in fact we love the small print. It is one of the things that make us stand out from the crowd. We can advise you of the plans most suited to your circumstances and let you know what you are covered for and just as importantly what you are not, so you can have complete peace of mind before you take out the plan. The protection industry is an industry that wants to pay. Last year was a big year for pay outs and it is therefore important to know how to set the plan up correctly.

We know there might be more interesting and exciting things to do than taking out insurance however, we know how important it is to get it right. The insurance and financial industry isn't known for simplicity and can have difficult to understand literature.

Speak to one of our advisers today

Life insurance with advice

Taking out the cheap option may seem like the easies thing to do when taking out life insurance, critical illness cover and income protection. There are so many choices to make it can seem like you are in a minefield and unsure which way to turn and people could end up taking a policy not suitable or worse give up on the idea all together.

Most people will speak to an adviser who can guide them and recommended a plan that is tailor made for these circumstances. The other option would be to do it yourself and hope you have the right plan and it is set up correctly. In 2005 the Financial Services Authority (FSA) made buying insurance more easier to understand, if you wanted to sell life insurance you could offer advice or just offer a quote service and offer no advice whatsoever. With no advice you are on your own, all the broker can do is give you the means to set the plan up. If the plan ends up owing inheritance tax, does not pay out because of your hobby or has exclusion you were unaware of the buck stops with you.

When taking a policy with advice all the small print and clauses are highlighted to you and are explained in a jargon freeway. The adviser can also make recommendations and give guidance to you about what sort of plans are most suitable some you may have even been aware of. Best of all you are completely protected through The Financial Conduct Authority, Financial Services Compensation Scheme & Data Protection Act 1988.

Speak to your Proadvice financial consultant about getting advice today 01933 417 300.

Proadvice IDD

Data Protection Statement

General Terms & Conditions

Opening Times

We are open from:

9am - 7pm Monday to Thursday

9am - 6pm on Fridays

9am - 2pm on Saturdays

Call us free on 08000 502 602

Mobile Friendly 01933 417 300

Or if you prefer pick a time for us to call you

Contact Us

To talk to an adviser straight away please call 01933 417 300 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

For any general enquiries or updates on cases, please contact our This email address is being protected from spambots. You need JavaScript enabled to view it.

You can also contact us on our social media pages:

Recommend Us

To recommend a friend please email This email address is being protected from spambots. You need JavaScript enabled to view it. Remember to include your personal details so we know who to send the vouchers to.

If you have just had a baby in the last six months or know someone who has please contact us for your free baby life cover at This email address is being protected from spambots. You need JavaScript enabled to view it.

Challenge Us

If you want to take part in the customers challenge with your existing policy taken out in the last 12 months then please email the details of your plan and contact information to This email address is being protected from spambots. You need JavaScript enabled to view it.

We always want to hear how your experience with Proadvice went. We love to hear when things go well but as important we like to know how we can improve. Any comments would be gratefully recieved. Please email This email address is being protected from spambots. You need JavaScript enabled to view it.

Join Us

Interested in a career with Proadvice Financial Services? Please send your CV to This email address is being protected from spambots. You need JavaScript enabled to view it.

If you want to talk about any business opportunities or potential partnerships please contact This email address is being protected from spambots. You need JavaScript enabled to view it.

Link to us

If you are interested in placing a link on your site to Proadvice Insurance, Barker and Bass or Right Lettings, this can be done by simply copying and pasting the HTML below into the relevant page on your site:

http://www.proadviceinsurance.co.uk/

http://www.barkerandbass.co.uk

http://www.rightlettingscompany.co.uk

Protection Advisor - Rushden - OTE - £50k + Package

Due to expansion we are looking to recruit Protection Advisors to expand our sales team.

We are looking for insurance consultants with both customer service and sales focus with experience of working within a target orientated environment within Financial Services or Insurance.

We will offer excellent, ongoing training (including study towards professional qualifications) and offer fantastic career progression.

You will be required to give sound financial advice to meet their financial protection needs whilst offering unrivalled customer service.

As a Protection Adviser you will:

  • Work closely within a sales team to ensure that any potential clients protection needs are met
  • You will be taking enquires for customers for their insurance needs and then provide bespoke advice
  • Be responsible for and competent in, advising, servicing and building customer relationships

Experience required for the Protection Advisor Role:

  • Experience of working within a financial sales environment with a proven track record
  • Good general knowledge of the financial services industry and competitor activities
  • Strong interpersonal and communication skills
  • Efficient and accurate in following sales processes and completing related administration
  • Professional and credible
  • Highly focused to succeed and exceed expectations
  • Experience of working in a busy customer driven environment
  • The ability to work as part of a team

We are offering the right candidate a competitive starting salary and monthly uncapped commission.

To apply for the role please simply send your CV with a covering letter to This email address is being protected from spambots. You need JavaScript enabled to view it.

Contact

If you wish to discuss this vacancy and all other vacancies that we have in the financial sector, please contact James Barker on 01933 417300. All calls will be treated confidentially.


Mortgage & Protection Consultant - Rushden - OTE - £50k + Package

The ideal candidate will have a proven back ground in sales, be highly motivated, well presented and eager to succeed. Previous experience in mortgages would be ideal, however if you are looking for a change in career with a high profile company that will provide you with the latest mortgage qualifications (Cemap), apply below.

You will provide an effective and efficient mortgage advisory/placement service to customers of the company ensuring the provision of "best advice" in line with company procedures and statutory rules and regulations.

As a Mortgage & Protection Consultant you will:

  • Work closely within a sales team to ensure that any potential clients mortage & protection needs are met
  • You will be taking enquires for customers for their mortgage and insurance needs and then provide bespoke advice
  • You will be based in a local estate agency and will advise over the phone as well as face to face
  • Be responsible for and competent in, advising, servicing and building customer relationships

Your main tasks will involve:

  • Experience of working within a financial sales environment with a proven track record
  • Good general knowledge of the financial services industry, competitor activities and the mortgage market
  • Strong interpersonal and communication skills
  • Efficient and accurate in following sales processes and completing related administration
  • Professional and credible
  • Highly focused to succeed and exceed expectations
  • Experience of working in a busy customer driven environment
  • The ability to work as part of a team

We are offering the right candidate a competitive starting salary and monthly uncapped commission.

To apply for the role please simply send your CV with a covering letter to This email address is being protected from spambots. You need JavaScript enabled to view it.

Contact

If you wish to discuss this vacancy and all other vacancies that we have in the financial sector, please contact James Barker on 01933 417300. All calls will be treated confidentially.

facebook
LinkedIn
Follow Us