Key Person

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Key Person Insurance

Directors and employees with highly specialist skills or knowledge are key employees of the companies they work for. To lose one as a result of a critical illness or death can be damaging to the business. That is why taking out Key Person insurance to protect the company is a wise move.

Key Person insurances can provide several benefits. These can include:

  1. Paying the costs of a temporary replacement
  2. Meeting the costs of recruiting a permanent replacement
  3. Covering the cost of death or incapacity of a key member of staff.

The full scope of cover will depend on the type of policy purchased but companies ignore the risks of losing key staff at their peril. Shareholders, bank managers, suppliers and customers may not be so laid back.

Warning Text

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IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.

THE POLICY MAY NOT COVER ALL THE DEFINITIONS OF A CRITICAL ILLNESS. FOR DEFINITIONS PLEASE REFER TO THE KEY FEATURES AND POLICY DOCUMENT.

Stacey H.

Excellent support, guidance and help from the team. I knew nothing about how to buy a house but the team were so helpful and helped me feel at ease! I completed on my home far quicker than expected and it wouldn’t have been possible without the help of the team. Fantastic guidance as well on arranging home insurance and life insurance, an extra level of support I didn’t expect to receive.

Leon J H.

Brilliant experience will highly recommend this was a really good and really fast process and will use again in future, with being in the army time was very difficult and they was really supportive and time efficient on getting in touch and understanding when I was busy with being overseas, Carnt thank them enough now I have my own home Thankyou

Jayne H.

Claire and her team were brilliant helping us with our mortgage. I would highly recommend them to anyone and will continue to use their services.

Gaz P.

Excellent service, one phone call and everything was sorted, no hassle, no stress. Highly recommended.

Craig C.

Would definitely recommend this service as through our experience, they were just a call away to answer any questions we had and always put our best interests first. They kept us at ease as we were very nervous going through the house buying process but they always up to date and explained everything very well.