Key man insurance protection cover

SPEAK TO OUR REGULATED FINANCIAL ADVISERS TODAY ABOUT KEY MAN PROTECTION COVER   OBTAIN A LOW COST KEY MAN INSURANCE QUOTE TODAY Contact us by completing our quotation form.   Any successful business will try to plan for every eventuality in order to stay solvent and this must include protection for these key individuals. The premature death or long-term disability of these key people could ultimately threaten a company’s stability, profits or even worse threaten the future of a business.

Email: Name(s): Post Code: Tel. No: Cover Type: Please select Key Man Cover Critical illness cover Permanent Health cover Income Protection (PH) Period: Amount £: Further Details: Contact me: by phone by email either

Why obtain Key man insurance protection?
For the reasons stated above this type of cover is vital to any business contingency plan. If a member of your team is considered to be a vital part of your business success then to be deprived of his or her services may have a detrimental effect on your company. You may need insurance to protect your business against such an eventuality.

What is Key man insurance?
As explained should one of your “KEY” staff suffer premature death you may need a sum of money urgently to allow you time to stabilise the business and find a suitable replacement. This money may be required to cover the immediate loss of turnover the sudden absence of that key person may cause, the cost of recruiting a replacement and the cost of training them to be as productive as their predecessor. The same need for cash would apply if that same person suffered a critical illness such as a heart attack, cancer or a stroke. This may not result in their death but inevitably will mean a lengthy period of absence, if indeed they returned at all.

The fact that your business has this insurance will mean that there is a safety net there should the worst happen. Why place your business at risk?

How much key man protection cover is needed?
This can be a difficult question to answer because there is no magic formula to work this question out. You need to consider how much you turnover would be affected without the key member of the team. What the cost of recruitment or headhunting would be and how long the process would take. You may have a better idea than any adviser as to how much the indemnity needs to be

Summary of key man protection
The premature death or a critical illness of a “KEY” member of your workforce place your business in jeapordy. Protect your business from such an eventuality by speaking to our specialist REGULATED financial advisers today.

Contact us by completing our quotation form.

Let our specialists do the hard work. Obtaining the right cover at the right price has never been easier. We will provide you with the best possible financial advice.

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