06/08/2017
Keyman Insurance, Key Man Insurance, Keyman Insurance UK
0116 366 6866
Introducers
An Explanation on Key Man Insurance - By Halo Consulting
Keyman Insurance – protection from the loss of key people Keyman Insurance protects your company from the loss of an important, ‘key’ person in your business. Like Shareholder Protection, it’s another form of life insurance in a fancy wrapper. If an important person in your business were to die, a cash lump sum would be paid to your company. Some policies may also compensate your business should one of your key people fall sick. Most importantly, you could avoid potential damage or risk to your company because, nancially, you can move forward with your business without having to rely on the loss of an important person. The loss of a key person can be catastrophic due to their level of knowledge, contacts and expertise. Who are the most important ‘key’ people in your business? How integral to your business is your Managing Director?
Without their vast knowledge, experience and important contacts, the https://halo-consult.co.uk/business-insurance/keyman-insurance/
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