Keyman
Are you insuring your Companies most valuable assets...your key staff!
Your business is the most important thing to you but most of the time the business is dependent either yourself or one particular person.
Keyman insurance, insures someone who is identified as having a particular skill, knowledge, ability or role in the organisation that sets them apart as a particularly valuable asset. One of these key people may be you! Companies insure their liabilities, contents and business interruption but few consider covering their key people against loss that the company may incur in the event they were not there.
Keyman insurance is a cost effective form of life cover making sure you have sufficient funds within your company to continue to operate effectively and efficiently in the event of a loss of an individual, due to sickness, accident, disability, critical illness or death.
The amount you should insure for should take into consideration the effect of the profits if the key person was to die or be disabled, the cost of recruiting or training a replacement and any loans that can be recalled on that persons death or disabilty.
To receive a quotation or discuss your enquiry, please complete our Quotation Request Form or call us on 01206 838400 for one of our advisers to discuss your enquiry.
