More4Insure Ltd

More4Insure Ltd, a brokerage specialising in business protection

More4Insure Ltd is a British brokerage focused on business protection. Its team is dedicated to finding Keyman Protection policies (also known as Key Person Cover), an insurance that allows a business to protect itself against the financial impact of losing a key employee, including owners and directors, whose death or illness would affect business performance.

What Keyman Protection covers

According to the firm's own description, Keyman Insurance is a policy taken out by a business to protect its most valuable employees. In essence, it is designed as a life and critical illness plan for those who are crucial to the company's success, whether that is the CEO, the top salesperson, or someone with a level of expertise that is difficult to replace.

If any of these people were to die or be diagnosed with a critical illness, Keyman protection would cover the financial repercussions for the business. The insurer pays a lump sum directly to the business, which can be used to offset profit losses, hire replacement staff, or meet loan repayments.

Business protection services

In addition to Keyman Protection, the firm offers two other business protection covers:

• Relevant Life Protection (relevant life insurance for employees).
• Shareholder Protection (protection for partners or shareholders).

How the brokerage works

More4Insure describes a four-step application process. The client first completes an online enquiry with personal and business details. Then an adviser calls them and provides a quote from a panel of leading UK insurers. The brokerage supports the case throughout the underwriting process and, finally, the client obtains the cover taken out.

The company stresses that support is provided by UK-based business protection specialists, specifically in Fareham, Hampshire, and that they do not sell their clients' data.

Profile and corporate structure

More4Insure Services is a trading name of Prosper Protect Limited, authorised and regulated by the Financial Conduct Authority (FCA) with firm reference number 912838, and registered in England and Wales with company number 11154823. Its registered office is at West Barn, Wimborne Road, Blandford Forum, Dorset, DT11 9HN.

More4Insure Limited provides administrative and marketing services and is registered with the Information Commissioner's Office (ICO) under reference ZB631360. The firm states that this company is not authorised or regulated by the FCA and does not provide regulated financial advice. The website is owned and operated by More4Insure Limited and is intended for consumers in the United Kingdom.

The brokerage indicates that its protection advice services are remunerated by commission and that it confirms the amount of that commission to the client before submitting any application.

Catalogue data and territorial coverage

The site shows an example premium of £8.42, calculated for a 35-year-old, healthy, non-smoking person with no hazardous profession or lifestyle, with £225,000 of level term cover over ten years. The example corresponds to Zurich's level life cover and is subject to a full underwriting process; the firm stated that prices were correct as of October 2024.

The activity is aimed at the UK market, both in the information published and in the regulatory framework that the firm mentions.

Location and contact

West Barn, Wimborne Road, Blandford Forum, Dorset, DT11 9HN