Business Protection

This can take the form of key person, partnership and shareholder insurance. But do you need it?

Consider that about 1 in 6 men aged 30 will suffer a heart attack before age 65* and 1 in 8 women of the same age will get cancer before age 65. Insuring your key people would seem a sensible idea.

As an example, key person protection could provide your company with a valuable safety net should serious illness, disability or death curtail the contribution certain key people make to the stability, profitability and success of the company.

There are clearly identifiable areas where key person insurance is most needed:

• to prevent loss of profits
• to protect the repayment of loans
• to safeguard the raising of capital
• to cover the costs of finding a replacement

We can help you calculate the amount to insure, how long the insurance is needed and the most suitable policy for your needs.

Please contact us to discuss business protection and your company.

* Source: Royal & Sun Alliance