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 pf 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?

  • What plans do you have in place if this were to happen?

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

  • 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?

  • And what about the families… can they maintain their standard of living without support from the business?

Quick Contact

James Porter

Head of Business Protection

Email James

Quick Contact

Quick Contact

Cate Mason

Client Executive – Business Protection

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

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David K

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

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Martyn H

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

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Mandy S

Contact our team to discuss your needs.

We’d love to hear from you!