Key Man Insurance | Business Protection

Keyman
Protection

As a business owner you may be so busy with day to day responsibilities that it can be easy to overlook the value of one of your most important assets – your staff.  It is common for companies to insure their buildings, stock and machinery, but equally important to safeguard against the unforeseen loss of a key person. You can do this by taking out a Key Man Insurance Policy.

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Business Loan
Protection

If you have a business loan and your company loses a key person, your business could be left with a huge debt problem and severe repercussions. Repayment of a business loan usually relies on a few key people, so if one of those key people is no longer around it can cause complications. Business Loan Protection Insurance can prevent that situation from arising.

Business Owners
Protection

What would happen to the ownership of your business if a major shareholder was to die or become critically ill? Under UK law ownership of his share of the business would not automatically pass to the remaining shareholders, but you can take steps to insure yourself or your company against this set of circumstances through a Business Owner’s Protection Plan.