You would probably find it unthinkable not to have insurance protecting your business from the effects of fire or burglary.

However, the effect of losing one of your key directors/employees from within the business could be much more difficult to recover from.

Most businesses have an individual who is key to the success and profitability of the business, a ‘key person’. The death or serious illness of a key person can financially impact your business in the following ways:

The costs of recruiting and training a replacement.

A loss of sales and new contracts.

A loss of confidence in the business.

Additional pressure on senior personnel covering the key person, possibly causing some staff to leave.

Talk to us today about the benefits of Key Person insurance

Case studies

Take a look at our recent case studies and see how we've successfully helped our clients with their requirements.

Mr D N – Milton Keynes

  • Business insurance
  • 25/03/2020
Mr N, a painter and decorator with his own business, had existing protection set up on a personal basis to protect his mortgage should either he or his wife pass away. Mr N wanted to see how cover could...
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