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Key Person Insurance

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The success of your business relies on key individuals whose expertise drives growth and stability. With key person insurance, your company receives financial support to cover losses, maintain operations, and protect its future.

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Financial Stability

Receive a lump sum payment to cover lost revenue, recruitment costs, or loan repayments if a key person passes away or becomes critically ill.

Business Continuity

Protect your company from operational disruptions and financial strain, ensuring stability during transitions.

Tailored Protection

Our independent advisers assess your business needs and source the right level of cover from across the market.

Peace of Mind

Gain confidence knowing your business is protected against the unexpected.

Who qualifies as a key person?

A key person is any employee crucial to your business’s financial success, such as directors, specialists, or top salespeople.

How much cover does my business need?

This depends on the individual's contribution to revenue and the potential financial impact of their absence. Our advisers can help assess the right level of protection.

Can a business pay for key person insurance?

Yes, key person insurance is typically owned and paid for by the business, making it a tax-efficient way to protect against financial risk.

What can the payment be used for?

Funds can be used to cover revenue loss, recruitment and training expenses, debt repayment, or any costs required to stabilise the business.

C2R67563 LOWRES

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