Risk Management > Business Insurance > Key Person
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Key Person
Policy Purpose
Key Person cover provides funds upon death or disablement of a key person allowing the business to continue trading. Why You Need It If the key person becomes incapacitated, the loss to a business may be in the form of revenue, staff or key client contacts. Whilst business and personal revenue may reduce or cease, overheads still need to be met and suppliers still need to be paid. Should this type of loss occur, the policy will provide funds that effectively “buy time” for the business through this traumatic event. The Next Step Having made the important decision that you need some insurance, contact us today and take the next vital step to protect yourself and your business. |