Shareholder Protection

Keyman Insurance - Business insurance for Key Person

 
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    Keyman Protection

    Whilst many companies happily insure themselves against the loss of valuable materials such as vehicles, office equipment, it equipment etc, many companies do not cover against serious illness or the death of any personnel who are paramount to the successful running of the company.
     

    Insuring your companies key personel could be one of the most important business insurance’s you could take out.

    It is a critical illness & life cover policy that will pay a lump sum of money should the specified keyperson suffer a critical illness or even die.

    Losing a Key worker can have devastating financial consequences for your company such as loss of sales / profits, costly recruitment and training expenses etc.

    Here are the benefits and why it is essential to have
    keyman insurance:
     

    Ensures that you have sufficient funds to purchase any lost shares or the remaining half of a partnership.

    Enables funds to pay off any business loans or finance agreements.

    Provides funds to recruit or train a replacement for the lost keyperson such as a top sales manager / negotiator, it manager etc.

    Help absorb any temporary drop in turnover and/or profits.

    Helps to maintain a good credit rating, even during any transitional periods.

    Request a call back from one of our friendly, experienced advisors

    If you wish to speak to one of our protection advisors regarding Keyman Insurance then we promise to aim to call you back within 24 hours (or the next working day).

    Click here to request a call back

    Please note that we will independently compare products from the ‘Whole of the Market’ and not from just a select few providers.

    This way we can ensure that we will try our very hardest to help find you the most suitable Key Man Insurance policy for your company.

     
     

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