Key Person Insurance
If you insure the fixed assets in your business, why wouldn’t you insure the greatest assets in your business – your people?

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

Resources


Do you have a “Company Will”?
Facio ut Facias - I do, that you may do, is a well-known Latin civil law term.

Meet the team

James Porter
Head of Business Protection
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Cate Mason
Client Executive – Business Protection
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