If you look after the fixed assets in your business, for example premises, furniture, machinery, company cars and computers, why wouldn’t you insure the greatest assets in your business – your people?

The smart money is on the business that has a strategy to mitigate the impact of losing a key person – the people risk.

How can key person insurance help you?

Key person insurance provides the funds to continue trading, to maintain profit, fund a replacement, pay off a bank loan or repay directors’ loan accounts.

Key people come in all shapes and sizes – ultimately, they are the people on whom the business is dependent in some way.

Take a moment to look inside your business and think about who you really rely on:

  • Business owners who set the strategic direction and run the business
  • A sales person or director who has a major impact or influence on profit
  • Specialists whose skills are hard to replace
  • People who hold relationships with third parties (banks, suppliers or key clients)
Questions to consider
  • Who does your business rely on for contribution to turnover, client introductions, operations management?

  • With the ongoing epidemic, would your business be affected if a key employee were taken ill or even worse?

  • In view of the difficult economic climate, would you be able to retain clients / keep employees motivated / repay loans?

  • Is any debt adequately covered should the worst happen?

  • Could your families maintain their standard of living without support from the business?

  • How do you retain control of your business in the event of a shareholder passing away?

Quick Contact

James Porter

Head of Business Protection

Email James

Quick Contact

Quick Contact

Cate Mason

Client Executive – Business Protection

Email Cate

Thanks as always for your extraordinarily quick response and great customer service.


David K


We’ve been putting off our insurance needs for far too long, and I feel we are now in safe hands.


Martyn H


“Thank you so very much for this [and] for providing such a professional service.”


Mandy S

Contact our team to discuss your needs.

We’d love to hear from you – give us a call or request a call back to discuss your business or personal insurance needs.