Key Person

Protect your business from losing key employees

We help safeguard your company against the financial impact of losing vital staff.

  • Cover for critical illness or death
  • Support hiring temporary or permanent replacements
  • Maintain business stability and stakeholder confidence

 

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Key Person Insurance

Directors and employees with highly specialist skills or knowledge are key employees of the companies they work for. To lose one as a result of a critical illness or death can be damaging to the business. That is why taking out Key Person insurance to protect the company is a wise move.

Key Person insurances can provide several benefits. These can include:

  1. Paying the costs of a temporary replacement
  2. Meeting the costs of recruiting a permanent replacement
  3. Covering the cost of death or incapacity of a key member of staff.

The full scope of cover will depend on the type of policy purchased but companies ignore the risks of losing key staff at their peril. Shareholders, bank managers, suppliers and customers may not be so laid back.

Protect Your Business From the Unexpected

Key Person Insurance safeguards your company if a critical employee is lost due to illness or death, helping protect your business continuity and financial stability.

CONTACT US

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IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.

THE POLICY MAY NOT COVER ALL THE DEFINITIONS OF A CRITICAL ILLNESS. FOR DEFINITIONS PLEASE REFER TO THE KEY FEATURES AND POLICY DOCUMENT.

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