Key Person Cover

Safeguard your business.

Key Person insurance is designed to safeguard a business against the financial effects of a critical illness, a terminal illness, or from the death of one of the businesses mission critical people. A ‘Key Person’ is an employee whose death or continued absence would affect the profits and the normal operation of the business.

The loss of a mission critical employee or director is often likely to cause all or any of the following: reduced sales, a loss of profits and turnover, wasted time which costs money in real terms, recruitment costs, potential disruption to future research or development plans, and increased workloads for any remaining staff.

Key Person insurance is a life insurance policy, which can have critical illness added. The policy is written on the life of a named key business employee, but the policy is owned by the business. If something should ever happen to the named member of staff, the policy is paid out directly to the business, which is why the business pays the policy premiums.

Case Study: Key Person Cover

If you are interested in more information about Key Person Cover - please use the secure form below and we will contact you within 24 hours. We will discuss making arrangements for a selected Financial Adviser to connect with you. We do not provide advice ... we merely ensure your Personal Information is correct and that you wish to have a quality interaction with a Financial Adviser:

Title DR MISS MR MRS MS

Comments:

Enter Word Verification in box below (Required)

Data Protected by 256 TSL Bit Encryption.
Trusted Xperts Limited is registered as a Data Controller in accordance with the Data Protection Act 2018. Information on this form will only be used to resolve your query and not for marketing purposes.

To search for a selected Trusted Xperts Partner Financial Adviser in your area, simply visit the Trusted Xperts UK Map page and zoom in to your area and click the pin of interest, or select the Partner Type in the drop down menu options below. Increase accuracy by selecting your County or use your postcode.

Alternatively, if you prefer to speak with us in complete confidence, please Contact us using our secure enquiry form below, and Trusted Xperts Limited will get back in touch.

Please note - Trusted Xperts are not authorised to give advice. We will only confirm your details and purpose and with your consent, pass your Personal Information over to a selected Trusted Xperts Partner. Telephone calls may be recorded.