Keyperson

Keyperson Insurance

Directors and employees with highly specialist skills or knowledge are key employees of the companies they work for. To lose one through an unforeseen departure can be damaging to the business. That is why taking out a keyperson insurance to protect the company is a wise move.

Keyperson insurances can provide several benefits. These can include:

Paying the costs of a temporary replacement
Meeting the costs of recruiting a permanent replacement
Covering the cost of death or incapacity of a key member of staff.

The full scope of cover will depend on the type of policy purchased but companies ignore the risks of losing key staff at their peril. Shareholders, bank managers, suppliers and customers may not be so laid back.

Life Assurance Enquiry

Aspire Independent Financial Planners LLP is a Limited Liability Partnership and is authorised and regulated by the Financial Services Authority. Aspire Independent Financial Planners LLP is entered on the FSA register (www.fsa.gov.uk/register/) under reference 456867.

The FSA does not regulate Will Writing, National Savings products or some forms of Inheritance Tax Planning, Mortgage or Offshore Funds.

The advice and / or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.