Ensure your business can survive the worst
All businesses have individuals that are key to the everyday performance and success, income and potential value of the business. You may provide benefits that provide these particular employees’ families with cash should the worst occur BUT… what will the business lose?
Key person insurance is designed to provide financial protection to a business against the death or long-term absence of an employee or director who is vital to the success of the business.
The loss of a key person could have a significant impact on your business and key person insurance be set up to provide capital or an income to cover potential lost revenue plus the costs of sourcing and training a replacement member of staff.
We take the time to understand the risks your business faces and work towards solutions to these issues that offer peace of mind.
Losing a major shareholder or partner can cause serious problems, not only within the business.
If you're a company director and you have life insurance in place to protect your family, you could be paying more tax than you need to. We can provide a full review of your existing policies to ensure the most appropriate structure and benefit.