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insurance
Thinking today
about tomorrows income
Key Person Insurance
Advice on how to protect your business
Think about your business. Who are the individuals whose absence – either from prolonged ill health or death – would have a severe impact on the functioning or profitability of the business?
Each of these is a key person. Insurance is available so you can adjust for the losses caused when a key person is not able to work. Your company can take out a policy on one or more of the key persons, so that if they fall seriously ill or die, the insurance will pay out. With the money you will be able to hire a replacement or offset some of the financial losses.
Our consultants can help you understand which people are key to your organisation and what insurance you may need, and will advise you on the options for insuring your key people.