fbpx

Key Person Life Insurance

Speak to one of our team of business life insurance experts to get the cover you need with some incredible rewards and benefits from the likes of Apple, Starbucks, Amazon and many more.

What is Key Person Insurance?

Many companies often rely on one or a small group a key members of staff and Key Person Cover can help your business to deal with the unexpected absence of an  important employee or director. Key Person cover is designed to protect your business if a key member of your team suffers from severe illness or death.

What is Key Person Insurance?

Many companies often rely on a few specialist members of staff, Key Person Cover can help you and your team deal with the unexpected absence of a vitally important employee. Key Person cover is designed to protect your business if a key member of your team suffers from severe illness or death.

How can Key Person Insurance benefit my business?

The sudden loss of an important employee can have a severe and immediate impact on your business. Taking out a Key Person insurance policy can help to cover any sales, profit losses or help take away the stress of increased workloads on remaining employees. These policies are held by the employer and will provide your business with a lump sum should you need to claim.

How much Key Person cover do I need?

When calculating your amount of cover, you should consider:

  • The cost of recruitment or replacement personnel
  • Any loan repayments that may be necessary
  • How much will be required to replace lost profits
  • Repayment of any partner/director loans

How much Key Person cover do I need?

When calculating your amount of cover, you should consider:

  • The cost of recruitment or replacement personnel
  • Any loan repayments that may be necessary
  • How much will be required to replace lost profits
  • Repayment of any partner/director loans

Our team of insurance experts will help you to get some of the best deals from the UK’s top companies to help save you money

Get a quote

All it takes is a couple of minutes to get covered.

Request a callback

Speak to a an expert adviser for tailored advice.