Executive Income Protection
Executive Income Protection Tailored for Company Directors
Your income supports your lifestyle, your responsibilities and the people who depend on you. If illness or injury prevents you from working, the financial impact on both your household and your business can be significant—especially if you are a high‑earning director.
Stagg Mortgage Services provides specialist guidance on executive income protection for company directors and business owners who pay themselves through a mix of salary and dividends. We help you arrange tax‑efficient cover so that, if you cannot work, your business can fund a regular replacement income for you and your family as a tax‑deductible business expense.
Protecting Your Salary, Dividends and Lifestyle
Executive income protection allows your company to pay the premiums as a business expense. In return, the policy can provide a regular monthly income if you are unable to work due to illness or injury. This income is typically based on your combined salary and dividend drawings, paid into the business and then passed to you through PAYE.
This structure helps you maintain your standard of living, keep up with mortgage payments and other commitments, and focus on your recovery rather than short‑term financial pressure.
Key advantages include:
Cover for salary and dividends, not just basic PAYE income
Premiums paid by the business, offering potential tax efficiencies
Regular monthly benefits instead of a single lump sum
Optional additional features depending on provider terms and underwriting
We explain how different policy structures work in clear, professional language so you can see how each option would support you, your partner and your dependents if your income stopped unexpectedly.
How Our Executive Income Protection Advice Works
We begin by understanding how you are paid, your essential outgoings and any existing safety nets through your company or personal policies. We also explore how long your business could realistically continue paying you if you were unable to work.
From there, we research suitable executive income protection options across the market and outline the pros and cons of each. We discuss waiting periods, benefit levels, policy terms and optional features so you can make a clear, informed decision about what is appropriate for you and your business.
Our support continues after your policy is arranged. If your circumstances change—such as an increase in income, a change in shareholding or a move to a larger mortgage—we can review your cover and discuss whether adjustments would be beneficial.
Why Directors Choose Stagg Mortgage Services
As an independent mortgage and protection brokerage, we work with company directors, professionals and their families who want straightforward, reliable guidance. Many clients come to us initially for mortgage advice and then ask for help arranging protection around their home and income.
We keep our advice clear, objective and focused on your long‑term financial resilience. We provide balanced, fact‑based discussions about the potential impact of losing your income and how you want to manage that risk. We take time to explain policy terms and conditions so you understand exactly what is and is not covered before you commit.
Behind the scenes, we work collaboratively with lenders, insurers and any other advisers you involve to ensure everything fits together smoothly. Our aim is for your executive income protection to sit alongside your mortgage, life cover and other plans as part of a structured, well‑integrated financial safety net for you and the people who matter to you.
