Protecting the key people within your business
Key-person insurance provides a lump-sum should a vital person in the business die or become *critically ill. It is a very cost-effective insurance that can help with the cost associated with such a catastrophic event. This could include the costs of lost profits or finding a replacement whether it is an employee or director. The insurance has different benefits depending on the type of company.
To ensure the business can continue should an employee be unable to work through illness or injury, we can help protect the company against the financial burden of long-term illness and recover from the loss of a key employee through *critical illness or death.
Tailoring your protection needs
Please do not hesitate to contact us if you would like to discuss any of the above in more detail. Remember, we offer a free no obligation consultation and will be happy to help if we can. We take a holistic and long-term approach to wealth management, opting to build a lasting relationship with you and provide a tailored solution for all of your business.
The plan will have no cash in value at any time and will cease at the end of the term. 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.