Key Person Protection

If you own or run a business, the loss of key personnel for any significant period is likely to have a negative impact on your company’s performance. Their loss permanently, and without notice, could be very detrimental indeed.

Critical illness Statistics – At a Glance

1 in 3 men and 1 in 4 women between the ages of 40 and 70 will develop a critical illness:

Source: Munich Re (2002)

The good news is that many people do return to work after a critical illness. And, life expectancy continues to rise*. Sadly, others die without warning.

Yet, and despite many companies recognising that their biggest asset is their people, it is estimated that more businesses insure their buildings and machinery, than their employees.

Call us to arrange a free review to help assess your key risks and possible solutions.

* Not only is this good news in itself, it also means life cover premiums have come down, so a review check is worthwhile if you already have cover, and the cost may not be as much as you think if you have yet to arrange cover.

Please be aware that some protection policies have no cash in value at any time. Cover may cease if payments are stopped.