'Will the company survive
the death of a 'keyperson'?'
'Have you ensured your key people?'
The Company will normally insure the basic insurances but often fails to put in place the most important insurance- ‘Keyperson Insurance’.
|Company Protection Checklist|
|Insuring the basics|
|Insure company cars|
|Insure office contents|
|Insure the keypeople in your business in the event of death and/or critical illness|
Have you insured the Key People in Your Business?
Who is a Keyperson in your business?
What would happen if they die or suffer a critical illness?
How Can Keyman Protection Help?
A Keyperson is insured for life and/or critical illness. In the event of a claim, the proceeds are paid directly to the company. This money could be used in several ways, for example:
How much cover do you need?
Who takes out the policy?
The company takes out the policy on the life of the key person and the company, therefore, owns the policy.